Another $70,000 Price Reduction - ID 9134

$3,828,000

Permanent Management Rights for Sale
$500K Net, No Pool, No Garden

·         Extremely manageable business with no swimming pool or garden maintenance required.

·         Minimal work and limited working hours, with no fixed office hours necessary.

·         Flexibility for the manager to live offsite; being contactable is sufficient, or a representative can be present onsite.

·         Attractive body corporate salary of $150,783 plus GST.

·         Consists of 79 permanent rentals in the pool, with 17 managed by outside agents.

·         Secure a 25-year long-term agreement, with 24 years left.

·         Substantial net operating profit of $501,060.

·         Offers modern, spacious apartments featuring 2 bedrooms, 2 bathrooms, 1 secure parking space, and a large balcony.

·         Boasts beautiful views, a separate professional office space, and ample storage.

·         Conveniently located close to restaurants, shops, a medical center, a major shopping center, public transport, reputable schools, and the beach—all within walking distance.

·         Modern, high-quality building providing a super convenient lifestyle and the potential for a high income.

·         Total investment required is only $3,828,000, which includes a magnificent modern 2-bedroom manager’s unit.

This is the ideal blend of a premium Gold Coast lifestyle and a lucrative, easy-to-manage business. For those seeking a high income with minimal effort, this opportunity is not to be missed.

Net Profit: $501,060
Asking Price: $3,828,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Bill He

Price $3,828,000
Location Southport
Property ID 9134

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