Southport
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Management Rights
- 62 Total Units
- Permanent Complex Type
- 21 Letting Pool
- $77,637 Remuneration
- $125,320 Net Profit
- $525,000 Manager's Unit
- BBQ, Pets Allowed Features
Property Description
APARTMENTS - SOUTHPORT
Low maintenance, quality, residential mid-rise apartment complex. Only ten years old. Enjoy the lifestyle that accompanies this Gold Coast Management Rights business as it is central to the CBD and all that it offers. A comfortable term remaining on Management Agreements. Plenty of scope for the savvy operator to double the letting pool, and therefore significantly increase profit, via clawback of units currently let by outside agents. A top rental location with demand always strong. No set office hours. Separate ground floor office. Plenty of exclusive use storage space. Manager's apartment is currently rented for $30,000 p.a. which is in addition to business net profit advertised. A spacious 117 sqm, two bedroom residence and a lovely expansive balcony. No pool. Minimal gardening work. Business currently by one owner/operator. Walking distance to Australia Fair, Tram station, China Town, Broadwater Parklands, the best restaurants, and cafes. Do not wait. Arrange an inspection with Bobo now!
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