High Net Profit $363,574, Low Multiplier 4.40 in Main Beach - ID 9237

Permanent Management Rights for Sale
82% of Net Profit from Stable Salary of $300,565 plus GST

- Large and stable Body Corporate remuneration of $300,565 plus GST, representing approximately 82% of the total net profit and providing an exceptionally secure income stream.

- 10-year Standard Module agreement with the full 10-year term remaining.

- Low multiplier of only 4.40, with a very high net profit of $363,574.

- Weekday operation only, from 9:00 am to 3:00 pm, with no weekend hours.

- All permanent rentals, featuring a very small letting pool of only 14 units and 45 lock-ups.

- Significant future income growth potential through additional sales commissions and maintenance/repair income.

- Gorgeous, spacious, and modern apartment featuring three bedrooms, two bathrooms, secure car accommodation, air conditioning, and a large private courtyard.

- Huge modern living areas with excellent first-class furnishings, together with a large, exclusive, and practical office attached and included on title.

- Located in one of the best central locations within the beautiful and prestigious Main Beach precinct.

Only an approximate 20-second walk to one of the Gold Coast's best beaches, situated in a safe, high-profile location with easy access to everything.

This magnificent business, together with a superb manager's residence in such a premium location, represents a rare opportunity.

Live the best lifestyle while earning a substantial income, this outstanding opportunity is not to be missed.

Net Profit: $363,574
Asking Price: $2,900,000
(Inclusive of Manager's Real Estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Broker
Bill He

Property Code: 1189

For more details, please email broker or call agents.