Up To $270,000 Net Profit - ID 9204

Mixed Letting Management Rights For Sale
Total Asking Price $1,450,000

- No requirement to live onsite - required to be contactable

- The 1 bed, 1 bath manager's residence could be rented out for an additional $30,000 p.a

- Mixed letting complex with a total of 13 in the letting pool (10 holiday and 3 permanent)

- Low multiplier of 3.76

- No set office hours equates to a reduced workload

- Body Corporate salary of $65,818 + GST with CPI increase

- High net profit of $239,056 with very strong holiday bookings

- 25 year Accommodation Module agreements with 20 years left to run

- Exclusive reception area with plenty of storage space

Conveniently located in the centre of Surfers Paradise, close to everything which ensures strong bookings. Stable rental pool with majority of one bedroom units.

Net Profit: $239,056
Asking Price: $1,450,000
(Inclusive of Manager's Real Estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Broker
Bill He

Property Code: 1038