Student Accommodation Management Rights for Sale
$246,068 High Net Profit Plus $40,000 Rental Income
- No requirement to live onsite; add the manager's unit to your rental pool to earn an extra $40,000 in income.
- No set office hours.
- Simple and easy caretaking tasks with very little workload.
- High body corporate salary of $134,392 plus GST.
- Long-term agreement of 25 years with 23 years remaining.
- All permanent rentals with a letting pool of 38 units, 3 managed by outside agents.
- High net profit of $246,068, plus an extra $40,000 rental income from the manager's unit, totaling up to $286,068 in annual income.
- Very large apartments with 3 bedrooms, 2 bathrooms, 1 security car parking space, and air conditioning.
- Highly sought-after central location, close to shops, restaurants, medical center, pharmacy, public transport, premium schools, and university.
- Large professional office on title with a separate entrance and bathroom, making it convenient for the manager to run the business independently.
With this very high net return, the total price is only $2,072,000, including a spacious 3-bedroom manager's unit.
If you want to earn more and work less with flexible hours, this opportunity is rare in the market.
Stop searching; this is the one you can't afford to miss.
Net Profit: $246,068 plus $40,000 rental income
Asking Price: $2,072,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this Gold Coast Management Right business for sale contact:
Management Rights Broker
Bill He
Property Code: 825
