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Address available on request Southport, QLD 4215

Address available on request,
Southport, QLD 4215

Hotel, Motel & Leisure

Price information

Sale

$3,828,000

Key property information

Floor area

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Another $70,000 Price Reduction - ID 9134

  • 1. High Return on Investment
  • 2. Minimal Maintenance & Flexible Manage
  • 3. Prime Location & Modern Amenities
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

Property Code: 848

Property ID: 504644780Last Updated: 8 Oct 2024

04392889...
realcommercial.com.au logo
Address available on request
Southport, QLD 4215
Management Rights Sales - QLD & NSW
170 Scarborough Street
SOUTHPORT, QLD 4215

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