Labrador, Queensland
Exclusive - Iconic Mixed Use Apartments - ID 9181
$3,300,000
Business Description
Management Rights For Sale
Labrador - Overlooking the Gold Coast Broadwater
- Superior style apartments
- 146 lots with 43 in the letting pool
- Superb lifestyle facilities
- Long agreements with over 17 years remaining
- Body corporate salary $252,900 inclusive of GST
- Large reception and back office on title
- REI Cloud property management system
- Sinking fund balance of over $1,050,000
- Supportive and proactive body corporate
- Elevated 2 bedroo, 2 bathroom manager's residence
The complex is located in Labrador on the Gold Coast, situated on the panoramic Broadwater with easy access to Gold Coast theme parks, Marina Mirage and Harbourtown shopping, dining and entertainment precinct. Perfectly positioned to enjoy all that the Gold Coast has to offer.
Net Profit: $450,800
Asking Price: $3,300,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this Gold Coast Management Rights opportunity contact:
Management Rights Brokers
Phil Trimble & Gerard Dixon
Property Code: 952
Business Summary
Key Investment Insights
- Located in Labrador on the Gold Coast, with stunning views of the Broadwater
- Consists of 146 lots, with 43 in the letting pool
- Offers superior style apartments with modern amenities
- Features superb lifestyle facilities for residents
- Long agreements with over 17 years remaining
- Body corporate salary of $252,900 inclusive of GST
- Large reception and back office on title
- Utilizes REI Cloud property management system
- Sinking fund balance of over $1,050,000
- Supported by a proactive and supportive body corporate
- Includes an elevated 2 bedroom, 2 bathroom manager's residence
- Net profit of $450,800
- Asking price of $3,300,000 (inclusive of manager's real estate)
