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Exclusive - No Requirement to Live Onsite & Extra Rental Income – ID 9129

$1,063,000

 

Permanent Management Rights for Sale
No Facilities, Less Lawn Care, Ultimate Ease

 

  • No requirement to live onsite and no set office hours.
  • Extra rental potential: Opportunity to add your unit to the rental pool, potentially earning an EXTRA $30,000 to $40,000 per year.
  • No swimming pool, no BBQ area, and no gate maintenance required.
  • Minimal lawn maintenance required due to very small patches of grass.
  • Net operating profit is over $95,000.
  • Body corporate salary of $53,701 plus GST.
  • Total income potential estimated around $130,000.
  • All rentals are permanent, with a letting pool of 19 units.
  • 25-year long-term agreement in place, with 22 years remaining.
  • A very friendly and cooperative body corporate committee.
  • Modern, spacious townhouse featuring 3 bedrooms, 2 bathrooms, and 2 garages.
  • Includes a large professional office with two rooms and separate entrances, on title.
  • Very low body corporate levies.

 

Offered at an extremely reasonable price of $1,063,000, which includes the magnificent 3-bedroom manager’s townhouse.

This unmatched opportunity is one you won't find a second of on the market at the moment. Seize it now, or face decades of regret.

 

Net Profit: $95,391
Asking Price: $1,063,000
(Inclusive of manager's real estate)

 

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

 

Exclusive Management Rights Broker
Bill He

 

Price $1,063,000
Location Upper Coomera
Property ID 9129

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