Southport, Queensland
Southport - Permanent - Sold & Settled - ID 9082
SOLD
Business Description
Gold Coast Management Rights For Sale
Prime Opportunity with Solid Returns, Minimal Work, and Ideal Location!
Are you looking for a lucrative investment opportunity in the management rights industry? Look no further! Whether you're a seasoned pro or a first-time investor, this exclusive and flexible MR business is your golden ticket to success. With a solid 15-year track record of smooth operation, it's an opportunity that's hard to come by in today's market.
Why Choose This Management Rights Business?
- Coastal Lifestyle: Imagine living the coastal dream! Enjoy minimal work and fewer hours, leaving you with ample time to pursue your passions, explore a second job, or simply bask in the beauty of the Gold Coast.
- Lucrative Returns: Get ready to reap the rewards! This management right business boasts a body corporate salary of approximately $52,785 and a net profit of $83,847, offering you a stable and profitable investment opportunity.
- Long-Term Agreement: Secure your future with confidence. This management rights comes with a 25-year agreement, and there are still 20 years remaining, providing you with a stable and long-lasting investment platform.
- Current Apartments: This complex is nothing short of spectacular. Each spacious apartment features 2 bedrooms, 2 bathrooms, double security car accommodation, 1 air conditioner, and a large front yard.
- Exclusive Office Space: The benefits don't stop there! This package includes exclusive and practical office space with a separate entry, ensuring smooth operations and ease of management.
- Prime Location: Location is key, and this management rights business is ideally situated at the heart of the Gold Coast. Enjoy easy access to shops, restaurants, doctors, pharmacies, public transportation, schools, and major shopping centers, all within a stone's throw away.
- Growth Potential: With a letting pool of 22 permanent rentals, there's ample opportunity for growth and expansion, making this investment even more appealing.
Don't Miss Out - Act Now!
Opportunities like this are rare, and they won't last long in today's competitive market. Seize the chance to secure your future and establish a thriving management rights business. Embrace the coastal lifestyle and financial prosperity.
Net Profit: $83,847
Asking Price: $830,000
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 619
Business Summary
Business Snapshot
Price: SOLD
Net Profit: $83,847 Remuneration / Body Corp Salary: $52,785
Managers Unit
Value of Managers Apartment: $480,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitleSpacious residence, 2 bedrooms, 2 bathrooms, Double security parking, Air conditioner, Large front yard, Office attached and on title
Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 years
Key Investment Insights
Key Features:
- Located in a prime location on the Gold Coast with easy access to amenities and public transportation
- Well-established and profitable management rights business with a solid 15-year track record
- Lucrative returns with a body corporate salary of approximately $52,785 and a net profit of $83,847
- Long-term agreement with 20 years remaining, providing stability and security for investors
- Spacious and well-maintained apartments with 2 bedrooms, 2 bathrooms, and double security car accommodation
- Exclusive and practical office space with a separate entry for smooth operations
- Potential for growth and expansion with a letting pool of 22 permanent rentals
- Includes a spacious and modern 2-bedroom manager's apartment with an attached office on title
- Ideal for first-time investors or seasoned professionals looking for a low-maintenance and profitable investment opportunity
Don't miss out on this rare and highly sought-after management rights business on the Gold Coast. Contact the management rights broker today for further information and to arrange an inspection.
Management Rights Multiplier: 4.17
ROI Estimate: 23.96%
