Burleigh Heads, Queensland

$1,495,000

Property Description

Management Rights with Large Letting Pool only a block from Burleigh Beach!!

Here is your chance to own management rights only 100 metres from beautiful Burleigh Beach. The manger's unit is spacious, modern and comfortable. There are a total of 35 units in the building with 24 in the letting pool. The letting pool has grown buy 3 units in the last 12 months. The majority are holiday lettings with an 84% occupancy rate. The gardens and the building are easy to maintain. This business offers a good body corporate salary and creates a strong net profit. This is an excellent opportunity for experienced onsite managers and first time managers.

The financial breakdown is as follows:
Net Profit: $199,663
Unit Price: $495,000
Management Rights: $1,000,000
Total Price: $1,495,000

Please contact Jonathan Shorter on 0405 537 600 or jonathans@raas.com.au

Property Summary

Managers Unit

Complex Information

Total Units in Complex: 0

Marketing Agent

  • Jonathan Shorter

  • 0405 537 600
  • 0405 537 600
  • send email

Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Jonathan Shorter
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Burleigh Heads, Queensland 4220 Exact map location not provided

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