Small Permanent Complex in Southport - ID 8381

$875,000

Permanent Management Rights For Sale
Easy To Manage Gated Estate

 

  • 38 unit complex
  • Long standing managers selling after 10 years
  • 15 units in the letting pool
  • Body Corporate salary $67,000 + GST
  • No office and no office hours
  • Trust accounting software is Caretaker
  • Accommodation Module with 24 years remaining on agreements
  • Average rents of $350-$420 per week
  • 2 bed, 2 bath open plan manager's residence
  • Limited facilities include small pool and BBQ

 

Permanent management rights complex in a prime location, secure gated estetae with minimal caretaker duties. The manager's residence is quiet and secure. Easy to manage letting pool, would suit semi-retired or first time operator.

 

Net Profit: $75,000
Asking Price: $875,000
(Inclusive of manager's real estate)

 

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

 

Management Rights Broker
Phil Trimble

Price $875,000
Location Southport
Property ID 8381

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