20% High Return for Business in Southport - ID 9114
Permanent Management Rights for Sale
Net Profit $428,657 with 78% of Income from BC Salary
- Substantial and stable Body Corporate salary of $331,375 plus GST.
- High net operating profit of $428,657.
- All permanent rentals with a compact letting pool of 30, plus 15 outside managements.
- Long-term 25-year agreement with approximately 22 years remaining.
- Excellent potential to further increase profits, including significant opportunities to generate additional sales commissions.
- Spacious modern manager’s residence featuring 3 bedrooms, 2 bathrooms, 1 secure car space, and an exceptionally large private courtyard.
- Professional office setup comprising 3 spacious offices, a reception area, and ample storage throughout.
- Stylish, modern, and exceptionally well-maintained building.
- An unbeatable Southport location with shopping centres, restaurants, cafés, bars, pharmacies, medical centres, beaches, parks, and public transport all within easy walking distance.
- Peaceful surroundings within a high-quality complex offering first-class facilities.
- More than 20% return on business investment.
Outstanding income, a premium manager's residence, and an exceptionally convenient lifestyle combine to create an opportunity that is rarely available. Quality management rights businesses of this calibre seldom come to market. Secure this exceptional opportunity today, or you may be waiting many years for another like it.
Net Profit: $428,657
Asking Price: $3,400,000
(Includes the modern 3-bedroom apartment and the commercial office)
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: 1127
For more details, please email broker or call agents.
