Southport, Queensland

Albatross is the ideal first timer | Resort Brokers ID : MR008627

$1,100,000

Business Description

ResortBrokers presents an outstanding business opportunity in Southport's vibrant community. Albatross Park, a permanent residential complex, features 36 units with 10 in the letting pool, ideal for first-time managers or semi-retirees. Enjoy a robust net profit of approximately $90,000 annually, supported by high rental demand and a supportive body corporate. The manager's unit, valued at $800,000, offers a comfortable three-bedroom residence with a separate office. With 21 years remaining on the Accommodation Module, this low-maintenance complex ensures long-term security and ease of management, enhanced by its prime location near Broadwater and Australia Fair.

- Perfect for first-timer
- Effortless permanent Management Rights with a net profit of approximately $90,000
- Prime central location in Southport, close to Broadwater, Australia Fair, Hospital and the light rail
- Established, low-maintenance complex with strong rental demand
- Ground maintenance subcontractors available if needed
- No required office hours
- Inspections by appointment only
Date updated: 20 Apr 2025 23:00:06