Southport, Queensland
A great first timer! | Resort Brokers ID : MR008469
$875,000
Business Description
ResortBrokers presents Irismay Gardens, a Management Rights opportunity in the suburb of Southport.
Netting $75,000 that includes your Body Corporate Salary of $67,000.
This MR is ideal for the first timer with a manageable letting pool of thirteen units.
The manager's residence is a comfortable two-bedroom, two-bathroom unit. Located near major health and legal services and desirable schools, it ensures strong rental demand.
Ideal for first-timers with lifestyle plans.
- Management Rights opportunity in Southport's rapidly developing area
- Generous Body Corporate Salary of $67,000
- Comfortable manager's residence with two bedrooms, two bathrooms, and a car space
- Manageable and growing with regaining eight outside agent letting appointments
- Well located near major health and legal services and desired schools
- Ideal opportunity for first-timers with lifestyle plans
- Inspections by appointment only
Date updated: 03 Nov 2024 22:00:06
Business Summary
Business Snapshot
Price: $875,000
Net Profit: $75,000 Remuneration / Body Corp Salary: $67,270
Managers Unit
Value of Managers Apartment: $575,000Bedrooms: 2Bathrooms: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 38Total Units in Letting Pool: 13Owner Occupy Units: 16Outside Agent Units: 8Agreement Term Remaining: 24 years