Biggera Waters, Queensland
Large Income and Permanent MR Business in Biggera Waters
Under Contract / Offer
Business Description
NEXT Realty is proud to present an exclusive opportunity to acquire the management rights of a large income permanent management rights business in Gold Coast, indeed it is a good opportunity for astute investors seeking stability, growth, and long-term returns.
Key Features
- Well-established permanent business in Biggera Waters, a dynamic/leafy suburb of Gold Coast
1 Min to the Broadwater
2 Min to Local bus stop on Brisbane Rd
2 Min to Coles Supermarket
6 Min to Harbour Town Shopping Centre
6 Min to Runaway Bay Shopping Centre
8 Min to Griffith University - Gold Coast Campus
8 Min to Gold Coast Hospital
10 Min to Australia Fair Shopping Centre
- Huge Net Income $423,639 in the P&L prepared by a professional Industry Accountant
- Fantastic Body Corporate salary of $236,282, with annual increase by CPI every September
- Well-run building, well-established business and all procedures documented
- Complex very popular with tenants
- Healthy Body Corporate relationship in place
- 20 years long term agreements on a BCCM Accommodation Module
- Spacious office on ground floor, be contactable during normal hours
- Manager Lot was valued by a Industry Specialist Valuer on bank panel at $810,000
If you want to buy a well-established operation with strong financials management right business, it ticks all your boxes, please book your inspection immediately with Exclusive Agent - NEXT Realty
Inspection by appointment only
Business Summary
Key Investment Insights
1. Located in the dynamic and leafy suburb of Biggera Waters, Gold Coast
2. Close proximity to key amenities such as Broadwater, bus stop, supermarkets, shopping centers, university, and hospital
3. Well-established and popular complex with tenants
4. Huge net income of $423,639 as per P&L prepared by professional industry accountant
5. Fantastic body corporate salary of $236,282 with annual increase by CPI every September
6. Well-run building with documented procedures
7. Healthy body corporate relationship in place
8. 20-year long-term agreements on a BCCM Accommodation Module
9. Spacious office on the ground floor for easy accessibility during normal hours
10. Manager lot valued at $810,000 by an industry specialist valuer on bank panel.
