Labrador, Queensland

$900,000

Property Description

OFF THE PLAN BUSINESS-ONLY MR, GOLD COAST - PROJECTED NOP $180K+ | Resort Brokers ID : OTP006172

Permanent, mid-rise management rights in prime Gold Coast location overlooking the Broadwater.



  • 83 unit superbly designed mid-rise building

  • Construction almost completed, move in date end of June 2020

  • Projected net profit $180,000+ (based on 50% in letting pool)

  • BC salary of $99,600

  • Brand new 25-year caretaking / letting agreements

  • Commercial managers office on title ($60K)

  • No set office hours / no requirement to live on-site

  • Ideal as either an add-on or stand-alone business.

  • FOR SALE VIA EXPRESSIONS OF INTEREST CLOSES AEST FEB 27TH 5PM

  • Property inspections are by appointment only

Date updated: 21 Feb 2020 23:00:06

Property Summary

Business Snapshot

Price: $900,000 Net Profit: $186,969 Remuneration / Body Corp Salary: $99,600

Managers Unit

Value of Managers Apartment: $60,000Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 83Total Units in Letting Pool: 42Holiday Units: 42Owner Occupy Units: 41Agreement Term Remaining: 25 years

Marketing Agent


Marketing Agency

ResortBrokers

Paul Mueller
ResortBrokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Labrador, Queensland 4215 Exact map location not provided

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