Mid sized complex in the heart of Southport and 23 years remaining

Rarely do you find these large 84 unit complexes on the market, with a significant net profit and 60% of the BC salary making up the net profit, with over 23 years remaining and Gallery Vie friendly? This complex will not last long on the market.

  • Very clean P&L – good scope to grow additional income streams
  • Extra net income on repairs and maintenance
  • 23 years remaining on caretaking and letting agreements
  • Professional gardener in place
  • Right in the heart of Southport
  • Large 3-bedroom manager's apartment
  • No set office hours
  • Property inspections are by appointment only
Listing Ref MR006878
Property Type Management Rights
Sale Type Management Rights - All
State QLD
Region Gold Coast
Suburb Southport
Net Profit $210,000
Price $1,830,000
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Paul Mueller

Interested? Why not give Paul Mueller a call on 0439 255 507 or

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