Mixed Management Rights for Sale
Ample Upgrade Potential in a Prime Location
- Exceptionally high net profit of $187,175
- Body corporate salary of $129,737 plus GST, with CPI adjustments, constituting 70% of total income
- Diverse letting pool with 11 apartments: 7 holiday, 4 permanent, plus 16 managed by outside agents and 15 lockups
- Significant growth potential and very low risk, purchase with confidence and minimal concerns
- Long-term 25-year management agreement with 23 years remaining
- Efficient and straightforward operations already in place, very simple caretaking job with flexibility
- Modern waterfront manager's unit with 2 bedrooms, 2 bathrooms, secure car space, air conditioning, and a large private yard
- Separate, spacious professional office (approx. 30 square meters) attached
- Magnificent building and beautiful units you'll fall in love with upon arrival
- Close to everything, beautiful & quiet waterfront location
- The real paradise of quality living, secure high income, and very simple work in Surfers Paradise
- Due to retirement, only $1,790,000 (business and property altogether)
Looking for a secure, high-income business combined with luxurious, waterfront, peaceful living? Look no further.
This is the perfect opportunity to make your dream come true.
Net Profit: $187,175
Asking Price: $1,790,000
(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: 798
