Arundel, Queensland

Seize the Ultimate Investment: Your Dream Home and a Thriving MLR in One Package | Resort Brokers ID : MR006835

$1,225,000

Business Description

Discover an exceptional opportunity to own the Management Rights and manager's residence next door to A.B Patterson College - a stunning 59-townhouse complex located in the sought-after suburb of Arundel on the Gold Coast. This highly manageable business offers a solid net income and a generous Body Corporate Salary of $85,770.

• Perfectly located near A.B Patterson College


• 59 townhouse complex + spacious manager's residence


• Generous Body Corporate Salary of $85,770


• 25 units in the onsite rental pool, six managed by outside agents and 28 owner-occupied


• Supportive Body Corporate Committee and Manager


• Low maintenance caretaking duties with well-kept gardens and pool


• Over 20 years on the agreements


• High-quality residents and growth potential


• Beautifully renovated three-bed manager's house with office and lush gardens


• Ideal location in family-friendly Arundel, Gold Coast


• Property inspections are by appointment only

Date updated: 10 Jul 2023 09:07:42

Business Summary