77% Income from Stable Salary $331,375 plus GST in Southport - ID 9114
Permanent Management Rights for Sale
Net Profit $428,657 with Multiple Income Upside Potential
- High Net Operating Profit: $428,657.
- Stable Income Base: A major portion of the income is secured by a stable Body Corporate salary of $331,375 plus GST.
- Streamlined Letting Pool: All permanent rentals with a highly manageable letting pool of 30 units. An additional 15 units are currently managed by outside agents, providing immediate potential to claw them back and increase your income.
- Long-Term Security: Secure 25-year agreement with 22 years comfortably remaining.
- Income Growth Opportunities: Multiple avenues are ready for a new operator to boost profits, including significant real estate sales commission potential.
- Spacious Living: Huge, modern 3-bedroom, 2-bathroom manager's apartment featuring 1 secure car park and an exceptionally large courtyard.
- Professional Workspace: Separate professional office complete with 3 spacious rooms, a front desk reception area, and plenty of storage.
- Premium Building: A highly stylish, peaceful, and meticulously maintained modern building with first-class facilities.
- Unbeatable Location: It doesn't get more convenient than this. Shopping centres, restaurants, bars, pharmacies, a medical centre, the beach, parks, and public transport are all within easy walking distance.
- Strong Demand: Situated within a highly sought-after, top-tier school catchment zone.
Combining an exceptional income, a high-quality residence, and a super-convenient Gold Coast lifestyle, there is simply no better opportunity on the market. A dream business and residence of this caliber do not come along every day. Secure it now, or you may have to wait decades for another opportunity like this to arise.
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.
