Low Maintenance Permanent Management Rights in Surfers Paradise - ID 9172
Surfers Paradise QLD, QLD
Description
Permanent Management Rights for Sale Significant Income Upside Potential - Incredible "Money-Making Machine" opportunity with this lucrative business. - Stable, very high Body Corporate salary of $200,741 plus GST, with annual CPI increases. - High net profit of $234,879, with most income derived from the reliable Body Corporate salary. - 25-year agreement with 21 years remaining. - Supportive committee and very manageable tasks; all rentals are permanent (no holiday rentals), allowing for fewer hours and easier management for one person. - All permanent rentals with a letting pool of 21, 6 outside agents, and 2 lock-ups. - Additional income sources include 6 large storage units, multiple luggage rooms, and a secure car parkall in the heart of Surfers Paradise, a high-demand area in the Gold Coast. - Opportunity for extra income from in-complex maintenance and renovations, ideal for someone skilled in handy work. - Spacious 3-bedroom, 2-bathroom manager's residence with 2 secure car spaces and air conditioning. - Professional office space attached on title. - Prime central location in Surfers Paradise; shops, restaurants, medical services, public transport, and beaches are all within a 12-minute walkarguably the most convenient location in the Gold Coast. - Priced at $1,862,000, including the 3-bedroom apartment. Compare and see the real difference for yourselfdiscover the ease and simplicity of stable earnings. Don't miss out; act now to avoid future regret! Net Profit: $234,879 Asking Price: $1,862,000 (Inclusive of 3-Bedroom manager's real estate) For further information or to arrange an inspection of this Management Rights business for sale contact: Management Rights Brokers Bill He Property Code: 921
Financials
- Asking price
- $1,862,000
- Net profit
- $234,879
- Revenue
- —
- Profit multiple
- 7.93x
- Revenue multiple
- —
Agent
Management Rights Sales
