Mixed Management Rights for Sale
Ample Upgrade Potential in a Prime Location
- Exceptionally high net profit of $187,175.
- Diverse letting pool comprising 11 apartments: 7 holiday, 4 permanent, with 16 managed by outside agents and 15 lockups. This presents significant growth potential and very low risk.
- Body corporate salary of $129,737 plus GST, with CPI adjustments, constituting 70% of the total income.
- Purchase with confidence and minimal concerns.
- Long-term 25-year management agreement with 23 years remaining.
- Efficient and straightforward operations already in place.
- Modern waterfront manager's unit featuring 2 bedrooms, 2 bathrooms, a secure car space, air conditioning, and a large private yard.
- Separate, spacious professional office of approximately 30 square meters attached, offering a beautiful and serene working environment.
- Stunning water views and a peaceful modern setting. You'll immediately fall in love with the magnificent building and its beautiful units upon arrival.
- Superb location in a desirable area of the Gold Coast, conveniently close to major roads, public transport, beaches, shops, restaurants, and medical centers.
- Total purchase price of $1,890,000, including the exceptional waterfront manager's unit.
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: $1,890,000
(Inclusive of manager's real estate)
