Surfers Paradise, Queensland

Exclusive Permanent Management Rights with Exceptional Body Corporate

$4,530,000

Business Description

An opportunity presents to purchase this exclusive permanent management rights complex on the Gold Coast which boasts the most incredible resident facilities.

What makes this one exceptional is the huge body corporate salary which continues to grow substantially each year in line with CPI increases.

The current owners’ role is predominately supervisory which includes co-ordinating contractors.

A spacious 3 Bedroom apartment is included in this most magnificent complex which has to be seen to be appreciated. Opportunities do not come along like this very often.

Call Craig for more information on this very lucrative opportunity.

Net Profit: $447,270

Property Code: 46

Business Summary

Business Snapshot

Price: $4,530,000 Net Profit: $447,270 Body corp salary review: CPI Annually

Managers Unit

Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: Permanent

Marketing Agent

Craig Johnson

Hotel Resort Sales

Key Investment Insights

Key Insights:

1. Exclusive permanent management rights complex on the Gold Coast with exceptional resident facilities.
2. Huge body corporate salary that continues to grow substantially each year in line with CPI increases.
3. Current owners have a supervisory role, coordinating contractors.
4. Includes a spacious 3 bedroom apartment.
5. Lucrative opportunity that does not come along often.
6. Price: $4,530,000.
7. Net profit: $447,270.
8. Body corp salary review: CPI Annually.
9. Managers unit has 3 bedrooms, 2 bathrooms, and 2 car spaces.
10. Complex type: Permanent.