Permanent Management Rights for Sale
$163,861 Net Profit in a Magnificent Complex
- High net profit of $163,861 with no set office hours.
- Standard Module with a full 10-year agreement in place and a supportive committee.
- All permanent rentals with 16 units in the letting pool, plus 10 managed by outside agents and 1 lockup unit in a large complex. Excellent income upside through increasing the letting pool and earning additional sales commission.
- Stable Body Corporate salary of $126,033 + GST, increasing annually with CPI. This makes up more than 76% of total income, offering strong financial security.
- Modern, stylish, and spacious manager's residence featuring 3 bedrooms, 2 bathrooms, air conditioning, and 4 car spaces.
- Open plan living, kitchen, and dining areas, with a generous yard ideal for entertaining and ample storage.
- Rare opportunity to secure a high-quality, modern residence located away from the front gate in a safe, peaceful, and beautifully maintained complex.
- Resort-style environment in a quiet and attractive setting.
- Super convenient location - close to shops, schools, and transport.
- Asking just $1,638,000, including the magnificent modern 3-bedroom residence.
Net Profit: $163,861
Asking Price: $1,638,000
(Inclusive of Manager's Real Estate)
If this unique opportunity interests you and you would like to know more, please enquire, more information is available, and an inspection can be arranged by appointment only
Management Rights Broker
Bill He
Property Code: 1042
