Labrador, Queensland

OFF THE PLAN BUSINESS-ONLY MR, GOLD COAST - PROJECTED NOP $180K+ | Resort Brokers ID : OTP006172

Under Contract / Offer

Property Description

Permanent, mid-rise management rights in prime Gold Coast location overlooking the Broadwater.



  • 83 unit superbly designed mid-rise building

  • Construction almost completed, move in date end of June 2020

  • Projected net profit $180,000+ (based on 50% in letting pool)

  • BC salary of $99,600

  • Brand new 25-year caretaking / letting agreements

  • Commercial managers office on title ($60K)

  • No set office hours / no requirement to live on-site

  • Ideal as either an add-on or stand-alone business.

  • FOR SALE VIA EXPRESSIONS OF INTEREST CLOSES AEST FEB 27TH 5PM

  • Property inspections are by appointment only

Date updated: 26 Jul 2021 13:00:09

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $186,969 Remuneration / Body Corp Salary: $99,600

Managers Unit

Value of Managers Apartment: $60,000Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 83Total Units in Letting Pool: 12Holiday Units: 12Owner Occupy Units: 41Agreement Term Remaining: 25 years
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