Exclusive - No Requirement to Live Onsite - Up to $340,000 Income - ID 9241

Permanent Management Rights For Sale
Stylish, quality double-story 3-bedroom residence

- No legal requirement to live onsite.

- No fixed office hours.

- Very low-maintenance gardens, requiring minimal work and only a few hours of upkeep.

- A 25-year management rights agreement, with more than 23 years remaining.

- A very supportive body corporate committee.

- Excellent, modern operational systems already in place, including security cameras.

- The body corporate remuneration is $100,600 plus GST per annum, with annual CPI increases, providing a reliable and recurring income stream.

- Net operating profit: $296,253

- An additional $50,000+ in annual rental income can be generated from the manager’s residence if the new owner chooses not to live onsite, bringing the total potential annual income to more than $340,000.

- 35 properties are currently in the letting pool, all of which are permanent rentals. A further 6 properties are managed by outside agents.

- A spacious, well-appointed and stylish 3-bedroom, 2-bathroom townhouse featuring a secure garage and private courtyard.

- A generously sized office on title with its own external entrance provides a practical and convenient workspace.

Ideally located in a sought-after part of Robina, the property offers a quiet, safe and modern environment, with convenient access to everything the area has to offer.

Total Asking Price: $2,536,440, including a modern, quality double-story 3-bedroom townhouse.

Perfect business with quality living in a prime location!

Net Profit: $296,253
Price: $2,536,440
(Inclusive of Manager's Real Estate)

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

Exclusive Management Rights Broker
Bill He

Property Code: 1209

For more details, please email broker or call agents.