Labrador
Sold
3
2
3
Management Rights
- 80 Total Units
- Permanent Complex Type
- 49 Letting Pool
- $124,369 Remuneration
- $235,675 Net Profit
- $380,000 Manager's Unit
- Pets Allowed, Pool Features
Property Description
TERRIFIC RETURN ON INVESTMENT!
Are you looking to purchase a strong Gold Coast Management Rights business with a low capital investment in the real estate component? Over 50% of income is derived from Body Corporate salary of over $124,000 This business has a very solid letting pool as the townhouse complex, situated in the heart of Labrador, is so popular with tenants. A fantastic location close to the Gold Coast Hospital, Griffith University, local shops, school transport, Harbour Town Shopping Centre, Broadwater foreshore and parkland areas. Inspection is a must. You will not be disappointed!
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