Price Reduced - Easy To Manage Complex in Southport - ID 8381

Permanent Management Rights For Sale
Small Gated Estate - Vendor Needs to Retire

- 38 unit complex

- Long standing managers selling after 10 years

- 12 units in the letting pool

- Body Corporate salary $67,000 + GST

- No office and no office hours

- Trust accounting software is Caretaker

- Accommodation Module with 23 years remaining on agreements

- Average rents of $350-$420 per week

- 2 bed, 2 bath open plan manager's residence

- Limited facilities include small pool and BBQ

Permanent management rights complex in a prime location, secure gated estate with minimal caretaker duties. The manager's residence is quiet and secure. Easy to manage letting pool, would suit semi-retired or first time operator.

Net Profit: $77,456
Asking Price: $795,000
(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
Phil Trimble

Property Code: 820

For more details, please email broker or call agents.