Southport
Sold
2
2
2
Management Rights
- 52 Total Units
- Permanent Complex Type
- 27 Letting Pool
- $57,400 Remuneration
- $121,378 Net Profit
- $480,000 Manager's Unit
- BBQ, Pets Allowed Features
Property Description
NEAR NEW BOUTIQUE APARTMENTS
Contemporary and spacious apartments within the Gold Coast's CBD, featuring magnificent Broadwater views. Superbly located, a short stroll to the Broadwater and only minutes to the Southport business centre, Australia Fair, Chinatown and light rail stations. The location also offers convenient access to the M1 with bus stops only 150 meters away. This low maintenance and inviting building offers the onsite manager a great lifestyle with quality tenants queuing up to also enjoy. 20 years remaining on agreements. Minimal repairs and maintenance income. Body Corporate Salary, increasing by at least 3% p.a. represents almost half of net profit. No swimming pool. No set office hours. Plenty of room to grow this straight-forward Gold Coast Management Rights business. A wonderful business opportunity presents itself. Don't wait!
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