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Management Rights

Management Rights Display

  • Gold Coast Money Maker
Southport, Queensland 4215

$2,235,000

Management RightsManagement Rights

Listing ID: 16360

Gold Coast Money Maker

Management Rights for sale.
Great opportunity to secure a strong performing permanent letting business.
perfect mix of 1 and 2 bedroom apartments.
Very good letting pool.
Body Corporate income $122,607
Net Profit $285,000 (accountant prepared)
Extra income for the manager of $18,000 pa which is not in the figures.
3 bedroom managers unit just adds to the positives.
note this business constitutes FOUR complexes and TWO managers units.
Currently operated by one lady, this business a proven easy operation.
Inspection by appointment only
Talk to me about buying or selling your management rights, i have been selling management rights in Queensland for over 16 years from Cairns to the Gold Coast.
Marketing agent Monty Van Dyk 0413 770 636
www.montyvandyk.com

Business Features

General Features

  • Carports: 3
Walk to (vicinity of): Library, Medical Services, School (primary), University, Beach, Bike Path, Church, Dining, Park/nature Reserve, Shops, Bus Stop, Train Station

Managers Unit

Value of Managers Apartment: $755,000
  • Bedrooms: 3
  • Car Spaces: 3
  • Office: On Title
2 managers units included in the freehold price of $755,000. One unit is rented earning the owner an extra $18,000 pa which is not included in the net profit.

Financial Snapshot

  • Net Profit: $285,000
  • Body Corporate Salary: $122,607
  • Body Corporate Salary Review: CPI Annually

Complex Information

Total Units in complex: 106
[ Holiday: 0 | Permanent: 86 | Owner: 10 | Outside: 8 | Lockup: 0 | Manager: 2 ]

  • Type/Classification: Walkup
  • Agreement Module: Accommodation
  • Agreement Term: 25 years
Price: $2,235,000
  • Adjusted Net Profit: $285,000

Map Location ( get directions )

Southport, Queensland 4215

Alert Property Contact

Monty Van Dyk
  • Monty Van Dyk

  • Mobile: 0413 770 636
  • Enquiry: send email

Social Media

Locality Information