Upper Coomera, Queensland

No Requirement to Live Onsite & Extra Rental Income – ID 9129

$1,063,000

Business Description

Permanent Management Rights for Sale
No Facilities, Less Lawn Care, Ultimate Ease

- No requirement to live onsite and no set office hours.

- Extra rental potential: Opportunity to add your unit to the rental pool, potentially earning an EXTRA $30,000 to $40,000 per year.

- No swimming pool, no BBQ area, and no gate maintenance required.

- Minimal lawn maintenance required due to very small patches of grass.

- Net operating profit is over $95,000.

- Body corporate salary of $53,701 plus GST.

- Total income potential estimated around $130,000.

- All rentals are permanent, with a letting pool of 19 units.

- 25-year long-term agreement in place, with 22 years remaining.

- A very friendly and cooperative body corporate committee.

- Modern, spacious townhouse featuring 3 bedrooms, 2 bathrooms, and 2 garages.

- Includes a large professional office with two rooms and separate entrances, on title.

- Very low body corporate levies.

Offered at an extremely reasonable price of $1,063,000, which includes the magnificent 3-bedroom manager’s townhouse.

This unmatched opportunity is one you won't find a second of on the market at the moment. Seize it now, or face decades of regret.

Net Profit: $95,391
Asking Price: $1,063,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Broker
Bill He

Property Code: 779

Business Summary