Southport, Queensland

Retirement With An Income!

SOLD

Business Description

We are pleased to offer a very easy to run Management Rights Business in central Gold Coast.
This Management Rights complex has been run by one person and has minimal body corporate duties. There are NO set office hours, meaning you have lots of flexibility and are not tied to the business. All apartments in the complex are one bedroom and very easily tenanted. Located close to all amenities and a great selection of restaurants. This is definitely a "life style" business for those looking towards retirement. The current long term Manager is wishing to retire closer to family.
Imagine purchasing an apartment and business for only $440,000 and having a return of 9.5%
This opportunity awaits you.

Business Summary

Complex Information

Marketing Agent

Trevor Granville

A B Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Easy to run Management Rights Business in central Gold Coast.
2. Minimal body corporate duties.
3. No set office hours, providing flexibility for the owner.
4. All apartments in the complex are one bedroom and easily tenanted.
5. Located close to amenities and a variety of restaurants.
6. Ideal for those looking towards retirement as it offers a "life style" business.
7. Long-term manager looking to retire closer to family.
8. Opportunity to purchase an apartment and business for only $440,000.
9. High return of 9.5%.
10. Desirable location in central Gold Coast.
11. Low maintenance business.
12. Potential for growth and increased profits.
13. Established and well-maintained complex.
14. Minimal competition in the area.
15. Strong rental market in the area.