Pacific Pines
Sold
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Management Rights
- 44 Total Units
- Permanent Complex Type
- 13 Letting Pool
- $64,391 Remuneration
- $97,600 Net Profit
- $600,000 Manager's Unit
- BBQ, Pool Features
Property Description
NO NEED TO LIVE ONSITE
Currently the manager's accommodation is leased out at $25,000 per year ($480.00 p/w) which represents extra income on top of the business net profit of almost $100,000 p.a. Manager's residence is a modern and roomy three-bedroom townhouse with separate office, large garage, plus two additional car spaces. Located in such a popular Gold Coast suburb and never short of quality tenants. Reliable and supportive Body Corporate Committee. Easily maintained common areas. No fixed office hours in Caretaking agreement with 21 years remaining. This modern, quiet, secure and well-maintained townhouse complex enjoys a central location, close to the M1 and within walking distance to schools, parks, bus stops and shops. Including pool, gym, BBQ area and a decent size grassed children's play area. This Management Rights business won't last - call today!
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