Southport QLD 4217

Southport Permanent Management Rights for Sale Gold Coast

Management Rights Gold Coast - Southport QLD

Southport Permanent Management Rights for Sale Gold Coast
Management Rights Gold Coast – Southport QLD
Gold Coast Management Rights for Sale Southport

No Office Hours.

Management Rights Gold Coast Southport.
Brand new agreement of 25 yrs agreed to in Jul 23
Body Corporate remuneration represents more than 95% of the income. Increases with CPI next increase July.

There is potential to improve the income by regaining some of the apartments in the hands of outside agents (with approximate 40 outside agents)
The current manager sells apartments in building so this is another avenue to increase income (not counted in Profit and Loss)

Current management employs a manager to live onsite.
2 Bedroom Air Conditioned Apartment with 1 bathroom

Southport (approximately 6 kilometres from Surfers Paradise) is known for its Parks and recreation within walking distance to Broadwater and its entertainment events.
Public transport, walk to the Light Rail
Medical facilities, Private and Public
Schools: Primary, Secondary, Private and University
For more information regarding Southport Click Here, and the Gold Coast Click Here

For more information, Call or email David or david@mragents.com.au
Other listings click here

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• Nett Profit (Incl. BC Remuneration) $ 146,275
• BC Remuneration (Salary) $ 142,460
• Business Price $ 714,000
• Managers Real Estate Price $ 550,000
• Managers Unit Features 2 Bedrooms, 1 Bathroom, Air-conditioning, Private Balcony
• Complex Features Pool, BBQ,
• Total Number of Apartments/Townhouses 88
• Managers Rental pool 4
• Outside Agents Pool 40% of building Opportunity to improve income
• Module Accomodation
• Agreement Term (in Years) 25
• Agreement Left (in Years) 23
• Pets (with BC Permission) Yes
• Office On Title No Office
• Office Hours None Contactable
• Office Software Ezi Res