An exciting investment opportunity awaits with this minimal workload high income prestigious property. Featuring 117 contemporary apartments over 15 levels, including 115 residential and 2 commercial units, this prime location ensures a secure letting pool. With no office hours or maintenance required, the business offers flexibility, operational efficiency and enables a strong emphasis on property management. Currently run by a team of two there is significant potential for additional repair and maintenance income stream.
The Body Corporate agreement has been extended until 2047, offering a substantial salary with annual increases. The majority of units are in the letting pool, with a luxurious manager's unit featuring 2 bedrooms, 2 bathrooms, and dedicated parking. Additional revenue potential comes from leasing out 8 storage cages. This modern landmark in the heart of Queensland's Gold Coast boasts contemporary design with panoramic views, large balconies, timber flooring, and stone benchtops. Residents enjoy shared rooftop spaces, including a residents-only club lounge, barbecue areas, and more.
- No set office hours
- Low maintenance
- High net profit above $500,000
- Stable consistent letting pool
- Additional revenue potential
- Long agreement in place
- Beautiful contemporary manager's apartment
Inspection by appointment only.
Property Code: 1294
