Parkwood, Queensland

Under Contract / Offer

Property Description

STUDENT MANAGEMENT RIGHTS NEXT TO UNIVERSITY | Resort Brokers ID : MR006018

Great opportunity to purchase the management rights and manager’s residence to this purpose built student complex located only 500M to Griffith University / Gold Coast University Hospital



  • Purpose built student complex

  • Steady and secure student management rights business

  • Within a few minutes walk of Gold Coast University Hospital

  • Predominately medical students as residents

  • All units managed in letting pool (very difficult for outside agents, no owner occupiers)

  • Lengthy agreements (21 years)

  • 3 bedroom, 2.5 bathroom stand-alone manager’s house

  • Attached office on title (ability to lock off from manager’s residence)

  • No requirement to live on-site (possibility of additional rental income)

  • NB: Property inspections are by appointment only

Date updated: 01 Apr 2020 01:00:05

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $172,278 Remuneration / Body Corp Salary: $48,167

Managers Unit

Value of Managers Apartment: $445,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 29Total Units in Letting Pool: 29Holiday Units: 29Owner Occupy Units: 1Agreement Term Remaining: 21 years

Marketing Agent


Marketing Agency

ResortBrokers

Paul Mueller
ResortBrokers

Phone

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Property Map

Map Location ( get directions )

Parkwood, Queensland 4214 Exact map location not provided

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