Labrador, Queensland

Luxury Waterfront Living High Income - ID 8967

$2,450,000

Business Description

Permanent Management Rights for Sale
Less Work with Flexible Hours

- Very limited work with the flexibility to work at your own pace.

- No set office hours, only mobile contactable for convenience.

- Well-maintained high-quality waterfront building.

- High body corporate salary of $173,081 plus GST.

- 25 years' long-term agreement with 20 years remaining.

- High net operating profit of $221,800.

- All permanent rentals in a large complex with a letting pool of 10, presenting great potential for additional income.

- High-quality, spacious, modern apartment with 2 bedrooms, 2 bathrooms, 2 security car parking spaces, air conditioning, and fans.

- Professional front desk, office, and storage facilities; pet-friendly.

- Beautiful and peaceful waterfront environment.

- Great location, close to cafes, restaurants, public transport, parks, shops, etc.

Total asking price is only $2,450,000 including very spacious high-quality modern waterfront manager unit. (real estate $1,350,000; business $1,100,000).

If you want the best waterfront quality living with high-income, less work and more free time, this is the one you can’t afford to miss.

Net Profit: $221,800
Asking Price: $2,450,000
(Inclusive of manager's real estate)

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

Property Code: 742

Business Summary

Business Snapshot

Price: $2,450,000 Remuneration / Body Corp Salary: $120,000

Managers Unit

Value of Managers Apartment: $1,000,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Pets OK: Yes

Complex Information

Complex Type: n/aPool: YesGym: Yes

Key Investment Insights

1. Limited work with flexible hours allows for a better work-life balance.
2. High body corporate salary of $173,081 plus GST provides a stable source of income.
3. Long-term agreement of 25 years with 20 years remaining offers security and stability.
4. High net operating profit of $221,800 indicates a successful and profitable business.
5. Potential for additional income through a large letting pool of 10 permanent rentals.
6. Modern and spacious 2 bedroom, 2 bathroom manager's unit with 2 security car parking spaces.
7. Professional front desk, office, and storage facilities make for a well-managed complex.
8. Pet-friendly environment adds to the appeal for potential tenants.
9. Beautiful waterfront location with easy access to amenities such as cafes, restaurants, and public transport.
10. Total asking price of $2,450,000 includes a spacious and high-quality waterfront manager's unit.
11. Ideal opportunity for those seeking a high-income, low-work lifestyle.
Listing location
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