Just completed and currently establishing, Allure Management Rights business on Chevron Island is a stunning permanent residential apartment complex with high quality amenities. With no requirement to own a lot, and no set office hours, this business is up and running, ready for a new manager to take it to the next level. Allure Chevron Island has a solid business base, and is an attractive add-on for any experienced operators looking to secure a brand new business-only MLR at the top end of the Gold Coast.
- Newly established in June 2023 - great business to make your mark!
- $126,977 verified net profit from industry accountant
- 25 year Caretaking and Letting Agreements
- 94 beautifully appointed apartments - mix of 2 and 3 bedroom units
- 4 units currently in the on-site letting pool - 14 outside agents offer room for growth
- $114,000 per annum Body Corporate salary reviewed annually
- No set office hours and no requirement for manager to own a lot or live on-site
- Office and storage areas provided under Occupational Authority
- Rooftop swimming pool, gymnasium, club lounge with fireplace and wine cellar
- Optional 2-bed manager unit to purchase which can join the letting pool - $880,000
- All inspections by appointment only
