Southport, Queensland 4215
Management RightsManagement Rights
Gold Coast Money MakerManagement Rights for sale.
Great opportunity to secure a strong performing permanent letting business.
perfect mix of 1 and 2 bedroom apartments.
Very good letting pool.
Body Corporate income $122,607
Net Profit $285,000 (accountant prepared)
Extra income for the manager of $18,000 pa which is not in the figures.
3 bedroom managers unit just adds to the positives.
note this business constitutes FOUR complexes and TWO managers units.
Currently operated by one lady, this business a proven easy operation.
Inspection by appointment only
Talk to me about buying or selling your management rights, i have been selling management rights in Queensland for over 16 years from Cairns to the Gold Coast.
Marketing agent Monty Van Dyk 0413 770 636
Business SnapshotPrice: $2,235,000Adjusted Net Profit: $285,000 Trial: no
Value of Managers Apartment: $755,000
- Bedrooms: 3
- Car Spaces: 3
- Office: On Title
2 managers units included in the freehold price of $755,000. One unit is rented earning the owner an extra $18,000 pa which is not included in the net profit.
- Net Profit: $285,000
- Body Corporate Salary: $122,607
- Total Letting Pool: 87
- Agreement Module: Accommodation
- Agreement Term: 25 years
Business Links / Tools
This listing last updated: 5th Jul 2017