Southport, Queensland

$495,000

Property Description

Business For Sale - Small Permanent Complex - Southport - ID 8874 BL

- Prime Location
- Management Rights - Gold Coast
- Accommodation module with long agreements
- 30 unit walk up complex with 18 in the letting pool
- One bedroom, air conditioned manager's apartment
- 6m office attached and on title
- Manager's salary is $44,219.78 incl GST
- Prime location close to public transport and light rail
- Average rents approximately $300 per week
- Facilities include undercover car parking, pool, BBQ and CCTV
- The complex is located in Southport which is often referred to as the CBD of the Gold Coast. Southport is home to the Broadwater Parklands area and Gold Coast Aquatic Centre and Australia Fair. It offers easy access north and south via the light rail network.

Net Profit: $71,000
Asking Price: $495,000
(Inclusive of manager's real estate)

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

Listing Broker
Phil Trimble

Property Summary

Business Snapshot

Price: $495,000 Net Profit: $71,000 Remuneration / Body Corp Salary: $44,219

Managers Unit

Value of Managers Apartment: $220,000Bedrooms: 1Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: No
Located on the ground floor

Complex Information

Complex Type: PermanentTotal Units in Complex: 30Total Units in Letting Pool: 18Permanent Units: 18Owner Occupy Units: 8Outside Agent Units: 4Agreement Term: 25 yearsAgreement Term Remaining: 16 yearsPool: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

MR Sales

MR Sales

MR Sales

Phil Trimble
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Southport, Queensland 4215 Exact map location not provided

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