Southport, Queensland

Permanent Caretaking and Letting!!!

$300,000

Business Description

Permanent Caretaking and Letting!!!

A nearly new 7 storey high complex in Southport. Located close to Southport's bustling shopping and business district, this complex offers unparalleled convenience with everything you need just a short distance away.

The nearby Brickworks on Ferry Road provides not only excellent shopping options but also a selection of exceptional cafes and restaurants for your dining enjoyment. Enjoy hassle free connections to Southport CBD, Main Beach, Surfers Paradise, Gold Coast University Hospital and Griffith University using the G: Link, the light rail system.

With this complex there is no pool to clean and minimal cleaning and gardening required. Images might not depict this complex.

Ideally suited to a current management rights operator who is looking for a bolt-on opportunity.

To arrange an inspection please call: Gavin

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Business Summary

Business Snapshot

Price: $300,000 Net Profit: $56,600 Remuneration / Body Corp Salary: $36,600

Complex Information

Complex Type: CaretakerTotal Units in Complex: 27Total Units in Letting Pool: 6Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsBBQ Area: Yes
Marketing Agent
Gavin Mattig
Gavin Mattig

Gavern Property - Management Rights

Gavern Property - Management Rights

Key Investment Insights

1. The business is located in a highly convenient and sought-after area, close to shopping, dining, and business districts.
2. The complex is relatively new and well-maintained, with minimal cleaning and gardening required.
3. The business is ideally suited for a current management rights operator looking for a bolt-on opportunity.
4. The price for the business is $300,000, with a net profit of $56,600 and a remuneration/body corp salary of $36,600.
5. The complex is a caretaker type with 27 units in total and 6 units in the letting pool.
6. The agreement module is accommodation and has a remaining term of 23 years out of 25 years.
7. The complex also features a BBQ area for residents' enjoyment.
8. The business is currently managed by Gavin, who can be contacted for inspections.
9. Prospective buyers should conduct their own enquiries to verify the information provided.
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Flexible, Profitable, Iconic – Business Only Management Rights in Kangaroo Point
Exclusive Management Rights in Iconic Kangaroo Point
Jewel of the Southern Gold Coast - Prime Management Rights With $857k Net Profit
WATERFRONT MIDNORTH COAST FREEHOLD MOTEL WITH DA - 1027MF
Hotel Lona – Fully Renovated Venue in Frankston's Entertainment Hub
A Permanent Package – Central Southport!!
Sunshine Coast Hinterland Management Rights - No Competition, High Margin | Resort Brokers ID : MR008711
Permanent Caretaking and Letting!!!
An Unpolished Gem!!!
Great Cairns CBD Permanent
The Jewel in the Crown
No Set Office Hours & No Requirement to Live Onsite - ID 8828
Large Scale Motel Investment
Net $280,252 in Milton - ID 9198
No Facilities, Business-Only Opportunity in Milton - ID 9197
Very Profitable Greymouth Motel - Rising Revenue
Premium passive investment - prime location, quality asset, long-term tenants | Resort Brokers ID : INV008506
Exceptional Motel – The Hard Work Is Done