Best Sub - $1m Management Rights on the Market!
Best Sub - $1m Management Rights on the Market!
Best Sub - $1m Management Rights on the Market!
Best Sub - $1m Management Rights on the Market!
Best Sub - $1m Management Rights on the Market!
Best Sub - $1m Management Rights on the Market!
Best Sub - $1m Management Rights on the Market!
Best Sub - $1m Management Rights on the Market!
Best Sub - $1m Management Rights on the Market!
Best Sub - $1m Management Rights on the Market!

Best Sub - $1m Management Rights on the Market!

$950,000Sold

Great opportunity to purchase the management rights to this Northern Gold Coast permanent residential complex with“ lengthy tenure and great return on investment.

Key Features

  • Complex consists of 51 X two bedroom villas, 38 of which are in on-site letting pool.
  • 23.5 years on caretaking / letting agreements – great tenure.
  • Convenient location off Olsen Avenue – close to Harbour Town, M1, University, Hospital and Broadwater.
  • Investor based complex with good body corporate relationship.
  • Business can be managed by one person.
  • No set office hours.
  • Due to low priced real estate, shows very high return on total investment (14% plus).
  • Call Alex Cook on 0467 600 610 for more details.

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004161
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Labrador
Sale Type: Management Rights - All
Net Profit: $134,283
Price: $950,000

Location

Listing Agent(s)

Agent Feedback

From the time of engagement, Alex was extremely pro-active in finding the right buyer. At all times, Alex kept me updated during progression of the sale process, acted in a professional manner; sorted out any issues that surfaced during the sale and went above and beyond to ensure all parties were working effectively towards completion. Without Alex's input and assistance I am sure the sale would not have been completed in the professional manner that it was.

- Brad Marquart
Vendor,
Waters Edge on the Broadwater

Both my wife and I are extremely grateful to Alex and the team at Resort Brokers as it’s resulted in a satisfactory outcome and has made the whole process as stress free as the trauma of selling your Management rights can be.

- Peter and Marg Fisher SURFERS PARADISE

Thank you Alex for the superlative effort you put in on our behalf to sell our management rights business.  We're sure that you'll agree that it wasn't without challenge from both parties but your tireless positive attitude and willingness to listen and facilitate, were key factors in the success of the process.

- Peter and Kim Holthouse WINDSURFER RESORT