Palm Beach, Queensland
Under Contract - ID 9128
Under Contract / Offer
Business Description
UNDER CONTRACT
Permanent Management Rights For Sale
Great Return on Investment
- 100m to the ocean at Palm Beach
- As new building (4 years old)
- High demand rental area, within Currumbin Highschool catchment zone
- Multiple visitor carparking
- Secure access with fobs and intercom to all apartments
- Generous salary of $98,855 + GST
- Short drive to M1 and Gold Coast Airport
- Minimal workload
This is a rare opportunity to purchase a Management Rights business in a new building without the need to buy real estate. This business in ideal for anyone new to the industry or an existing operator looking to add to their management rights portfolio.
Net Profit: $114,796
Asking Price: $525,000
For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:
Management Rights Brokers
Gerard Dixon & Phil Trimble
Property Code: 766
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $114,976 Remuneration / Body Corp Salary: $98,855
Managers Unit
No real estate to purchase with this business.
Complex Information
Complex Type: PermanentTotal Units in Complex: 62Total Units in Letting Pool: 4Owner Occupy Units: 58Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 25 yearsPool: YesGym: Yes
Key Investment Insights
- Located only 100m from the ocean in the highly sought after area of Palm Beach
- Building is only 4 years old and in excellent condition
- High demand rental area, with properties within the Currumbin Highschool catchment zone
- Offers multiple visitor carparking and secure access with fobs and intercom to all apartments
- Generous salary of $98,855 + GST
- Short drive to major highways and Gold Coast Airport
- Minimal workload for the manager
- No need to purchase real estate, making it a great opportunity for new or existing operators to add to their management rights portfolio.
