High Net Profit $363,574, Low Multiplier 4.40 in Main Beach - ID 9237

Permanent Management Rights for Sale
82% of Net Profit from Stable Salary of $300,565 plus GST

Large and stable Body Corporate remuneration of $300,565 plus GST, representing approximately 82% of the total net profit and providing an exceptionally secure income stream.
10-year Standard Module agreement with the full 10-year term remaining.
Low multiplier of only 4.40, with a very high net profit of $363,574.
Weekday operation only, from 9:00 am to 3:00 pm, with no weekend hours.
All permanent rentals, featuring a very small letting pool of only 14 units and 45 lock-ups.
Significant future income growth potential through additional sales commissions and maintenance/repair income.
Gorgeous, spacious, and modern apartment featuring three bedrooms, two bathrooms, secure car accommodation, air conditioning, and a large private courtyard.
Huge modern living areas with excellent first-class furnishings, together with a large, exclusive, and practical office attached and included on title.
Located in one of the best central locations within the beautiful and prestigious Main Beach precinct.

Only an approximate 20-second walk to one of the Gold Coast's best beaches, situated in a safe, high-profile location with easy access to everything.

This magnificent business, together with a superb manager's residence in such a premium location, represents a rare opportunity.

Live the best lifestyle while earning a substantial income, this outstanding opportunity is not to be missed.

Net Profit: $363,574
Asking Price: $2,900,000
(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 Broker
Bill He

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