Management Right Southport
This would have to be one of the best mixed use resorts on the Gold Coast. Located close by to the Southport CBD, China town, Griffith University and the main International language school.This is a real upside providing for additional income streams and solid occupancy levels.
Easy to operate small management rights. Very attractive rental location. Lovely manager's residence, ideal for one person to operate.
Net Profit: $120,023 Remuneration / Body Corp Salary: $60,000
Managers UnitValue of Managers Apartment: $410,000Bedrooms: 2Bathrooms: 2Office: On Title
Complex InformationComplex Type: PermanentTotal Units in Complex: 43Total Units in Letting Pool: 27Holiday Units: 27Owner Occupy Units: 7Outside Agent Units: 9Agreement Term Remaining: 18 years