Southport, Queensland

$1,475,000

Property Description

Business For Sale - Large Permanent in Prime Positionl - ID 8256 H

- Management Rights Gold Coast
- Three Bedroom Manager's Unit
- Management rights for sale
- Long agreements and excellent Body Corporates
- 55 units in the letting pool with 5 resident owners
- Body Corporate remuneration of $95,448
- Large office attached and on title, REI Master software
- Three bedroom, air-conditioned manager's residence with storage and 3 car spaces
- Minimal lawns and gardens
- Opportunity to grow the business
- Would suit someone comfortable with running a large letting pool
- The complex is located in Southport, close to public transport, Australia Fair, The Broadwater and light rail. The current managers have introduced systems and procedures which will facilitate a smooth transition to new manager's.

Net Profit: $205,792
Asking Price: $1,475,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast management rights contact:

Listing Broker
Phil Trimble

Property Summary

Business Snapshot

Price: $1,475,000 Net Profit: $201,500 Remuneration / Body Corp Salary: $94,180

Managers Unit

Value of Managers Apartment: $475,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: No
Large open plan apartment, Refurbished, 2 large storage areas

Complex Information

Complex Type: PermanentTotal Units in Complex: 70Total Units in Letting Pool: 56Permanent Units: 56Owner Occupy Units: 6Outside Agent Units: 8Pool: Yes

Marketing Agent


Marketing Agency

MR Sales

Phil Trimble
MR Sales

Phone

Listing Tools

This listing last updated: 12th September 2018

Property Map

Map Location ( get directions )

Southport, Queensland 4215 Exact map location not provided

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