Key Investment Insights
AI generated. Confirm details with the seller.
1. Established permanent management rights business operating in the Gold Coast for 25 years.
2. Reported net income of $790,000, supported by a profit and loss statement prepared by a professional industry accountant.
3. Body corporate salary exceeds $188,082 and increases annually in line with CPI.
4. Long term agreements run for 25 years under a BCCM Accommodation Module.
5. Experienced staff support operations, with documented procedures already established.
6. The complex is popular with tenants and benefits from a healthy body corporate relationship.
7. Includes a spacious office on title and a manager residence, subject to valuation.
8. Well run building and established operations offer a substantial management rights platform.