Mixed Letting Management Rights in Currumbin - ID 8160

$1,855,000

Management Rights For Sale
Famous Water Views

 

  • 3 storey walk up complex of 72 apartments
  • 24 apartments in the letting pool, 8 short term and 16 permanent
  • Agreements recently topped up to 10 years
  • Body Corporate salary of $130,000
  • Heated pool, spa, BBQ and secure parking
  • Complex has recently been painted, new Wi-Fi throughout
  • Sinking fund balance of over $677,000
  • Recently refurbished 3 bed, 2 bath manager's residence
  • The residence has uniterrupted water views
  • Office attached on title

 

The complex is located in Currumbin on the southern end of the Gold Coast, just a 15 minute walk to the patrolled beach. Easy access to the Airport, M1 Motorway, Currumbin Wildlife Sanctuary and the Tweed Coast.

 

Net Profit: $215,125
Asking Price: $1,855,000
(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 Brokers
Phil Trimble & Gerard Dixon

Price $1,855,000
Location Currumbin
Property ID 8160

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