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Southport, Queensland 4215


Management RightsManagement Rights

Gold Coast Money Maker

Management 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 Features

Business Snapshot

Price: $2,235,000Adjusted Net Profit: $285,000 Trial: no

Managers Unit

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.

Financial Snapshot

  • Net Profit: $285,000
  • Body Corporate Salary: $122,607

Complex Information

  • Total Letting Pool: 87
  • Agreement Module: Accommodation
  • Agreement Term: 25 years
This listing last updated: 5th Jul 2017

Marketing Contact

Monty Van Dyk

Marketing Agency

Monty Van Dyk

Alert Property Group Business

Map Location ( get directions )

Southport, Queensland 4215 Exact map location not provided