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Exclusive - No Requirement to Live Onsite - Up to $320,000 Income - ID 9241

$2,400,000

Permanent Management Rights For Sale
Stylish, quality double-story 3-bedroom residence

  • No legal requirement to live onsite.
  • No fixed office hours.
  • Very low-maintenance gardens, requiring minimal work and only a few hours of upkeep.
  • A 25-year management rights agreement, with more than 23 years remaining.
  • A very supportive body corporate committee.
  • Excellent, modern operational systems already in place, including security cameras.
  • The body corporate remuneration is $100,440 plus GST per annum, with annual CPI increases, providing a reliable and recurring income stream.
  • Net operating profit: More than $270,000
  • An additional $50,000+ in annual rental income can be generated from the manager’s residence if the new owner chooses not to live onsite, bringing the total potential annual income to more than $320,000.
  • 35 properties are currently in the letting pool, all of which are permanent rentals. A further 6 properties are managed by outside agents.
  • A spacious, well-appointed and stylish 3-bedroom, 2-bathroom townhouse featuring a secure garage and private courtyard.
  • A generously sized office on title with its own external entrance provides a practical and convenient workspace.

 

Ideally located in a sought-after part of Robina, the property offers a quiet, safe and modern environment, with convenient access to everything the area has to offer.

Total Asking Price: $2,400,000, including a modern, quality double-story 3-bedroom townhouse.

Perfect business with quality living in a prime location!

Net Profit: More than $270,000
Price: $2,400,000
(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 $2,400,000
Location Robina
Property ID 9241

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