Upper Coomera, Queensland

Under Contract / Offer

Property Description

GOLD COAST PERMANENT COMPLEX with No office Hours | Resort Brokers ID : MR005896

Fantastic opportunity to secure a modern management rights complex with a large letting pool, spacious manager's residence and no office hours or requirements to live onsite

  • Modern permanent complex located in a strong North Gold Coast rental area with huge expected future growth.

  • 24 years on the agreements recently topped up

  • Total of 48 units in the letting pool

  • Ability to rent out the manager's residence

  • The overall workload is more than manageable for a two-person team – no set office hours

  • This is an absolute cracker of a business opportunity – offering great operational flexibility and plenty of upside

  • Property inspections are by appointment only

Date updated: 05 Dec 2019 23:00:07

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $188,087 Remuneration / Body Corp Salary: $84,870

Managers Unit

Value of Managers Apartment: $420,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 64Total Units in Letting Pool: 48Holiday Units: 48Owner Occupy Units: 13Outside Agent Units: 3Agreement Term Remaining: 24 years

Marketing Agent

Marketing Agency


Paul Mueller


Listing Tools

Property Map

Map Location ( get directions )

Upper Coomera, Queensland 4209 Exact map location not provided

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