- Simple caretaking duties with minimal workload.
- Mixed apartments with a letting pool of 6 (4 permanent, 2 holiday).
- Significant potential for future income growth.
- 25 year long term agreement with 17 years remaining.
- Stable Body Corporate salary of $61,870 plus GST, with annual CPI increases.
- Located in one of Surfers Paradises most sought-after holiday destinations, delivering strong year-round occupancy.
- Extremely low multiplier of only 1.53.
- Quality managers residence featuring 2 bedrooms, 2 bathrooms, 1 secure car space, and air-conditioning.
- Exclusive-use professional reception area.
- Peaceful and highly convenient locationjust a one-minute walk to the iconic Surfers Paradise beach and close to all amenities.
Enjoy the lifestyle of coastal living while earning a strong, reliable income.
Net Profit: $100,987
Asking Price: $980,000
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights opportunity contact:
Management Rights Broker
Bill He
Property Code: 1057