Labrador, Queensland
Rare Management Rights, with a “Pearl” of a manager's residence. | Resort Brokers ID : MR008851
$1,980,000
Business Description
ResortBrokers presents, for the first time in over 13 years, an excellent opportunity to acquire the management rights of Pearl Sur Mer.
Iconic for its location on the esplanade with uninterrupted views of the Broadwater, this permanent residential complex is a lifestyle investment first and foremost.
This caretaking and letting-only role offers a $60,486 body corporate salary, with 18 years remaining on the accommodation module. Duties include general common area cleaning, gardening and pool maintenance. Upside for the new manager is to secure letting appointment from current outside agents.
The manager’s residence is a modern 3-bedroom, 2.5-bathroom, private courtyard ground-floor apartment with 2 car spaces.
Ideal for buyers seeking a lifestyle with part-time duties.
- Permanent residential building comrpising 33 apartments
- Complex with well-appointment features including pool, spa and barbecue area
- One of a kind manager's residence (3 bedroom, 2.5 bathroom, 2 car)
- Another outstanding feature of the manager's residence is the 172m2 wrap around courtyard with exceptional views of the broadwater
- Manager to be contactable only (no office hours)
- $60,486 body corporate salary for caretaking only, no letting duties
- 18 years remaining on the long-term accommodation module
- No postal or parcel duties
- Inspections are by appointment only
Date updated: 18 Aug 2025 23:00:02
Business Summary
Business Snapshot
Price: $1,980,000
Net Profit: $60,486
Complex Information
Complex Type: Permanent