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
Net Profit: $186,969 Remuneration / Body Corp Salary: $99,600
Managers UnitValue of Managers Apartment: $60,000Office: On Title
Complex InformationComplex Type: PermanentTotal Units in Complex: 83Total Units in Letting Pool: 42Holiday Units: 42Owner Occupy Units: 41Agreement Term Remaining: 25 years