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Management Rights + Unit - Gold Coast Central - High Income, Minimal Gardening, Permanent Tenants!

$870,000

Southport, Queensland

Management Rights + Unit - Gold Coast Central - High Income, Minimal Gardening, Permanent Tenants!

Time to retire, the owners have decided they are ready to move on, after 5 good years

In the heart of Benowa, this residence/complex is ideally located, close to schools, shopping, a medical centre, hospital and transport.

It presents great value for money, particularly considering its location and income growth opportunities.


Key features:

Caretakers salary is $122,000 (FY2019)

Well established permanent complex with 66 units

0/66 in rental pool, 14 units with outside agents (Possibility to increase the net profit by expanding the rental pool/roll)

Minimal gardening and mowing

Well maintained manager's townhouse - Two bedrooms, one bathroom, air conditioning, large attached office, 2 car garage and a private courtyard


Other information:

Management Rights For Sale, Income opportunity
Easy to manage and no fixed office hours
Supportive committee and long agreements
No repairs and maintenance currently being performed
Value for money considering there is real growth opportunity


A potential income increase is the undertaking of Repairs and Maintenance work, as none is currently being performed by the existing owner / caretaker.


Asking price:

$420,000 Townhouse unit and office
$450,000 Business (Management Rights)
$870,000 Total Price


For further information about this great business opportunity please contact:


Reg Butler 0438 189 657

Features

Managers Unit

    Complex Information

    Business Links / Tools

    Last updated: 22nd September 2020

    Summary

    Property Type
    Business
    Contract Type
    For Sale
    Location
     Southport
    State
     Queensland
    Price
    $870,000
    Category
    • Management Rights
    • Resort
    • Retirement Village

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    Agency

    Business Brokers Network

    Business Brokers Network

    Contact

    Reg Butler