Burleigh Waters
$3,690,000
3
2
2
Management Rights
- Permanent Complex Type
- 58 Letting Pool
- $246,791 Remuneration
- $465,580 Net Profit
- $899,000 Manager's Unit
- BBQ, Pets Allowed, Pool Features
Property Description
NET $465,000 - SALARY $246,000 - PRESTIGIOUS BUSINESS
Premium residential Gold Coast Management Rights offering an oasis in its urban setting. This large resort-style apartment complex offers a great balance of lifestyle and convenience for its residents. Apartments are modern and feature calming views of the surrounding landscape. This premium-grade development offering a premium-grade business with the following attributes: • 22 years remaining on Management Agreements • Supportive Committee • Body Corporate Salary of over $246,000 p.a. increasing yearly by CPI • A significant Net Profit of 465,000 p.a. • Returns on your investment are excellent with a great business to real estate ratio • Quality onsite manager's apartment with separate office on title Manager's residence is a roomy 3 bedroom, 2 bathroom, 2 car accom with large courtyard and storage cages. And significant upside in revenue potential, with 30 apartments managed by outside agents! Ultra convenient proximity to shopping (Coles etc), top class restaurants, child care, schools, recreation and a short drive to the M1 highway. Within a 5 minute drive you can be these iconic landmarks: • Bond University • Varsity Train Station • Burleigh Heads Beach • Marymount College I welcome your exclusive inspection by appointment!
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