Capri delivers a business-only management rights opportunity in Surfers Paradise with genuine flexibility and immediate returns.
This 48-townhouse complex on the Isle of Capri generates $130,000 per annum in body corporate remuneration with CPI increases, secured by a brand-new 25-year agreement.
Twelve permanent units already operate in the letting pool, providing substantial net profit with clear upside as the pool expands. No manager's unit purchase required. No requirement to live onsite.
No set office hours. Minimal caretaking duties make this ideal for experienced operators seeking a bolt-on addition or first-time buyers entering the sector without capital burden.
The premium townhouse product attracts quality long-term tenants in a central Gold Coast location close to schools, shops and restaurants. Resort-style amenities include swimming pool and barbecue facilities, yet operational demands remain low. Remote management capability allows seamless integration into existing portfolios.
The business-only structure eliminates property ownership obligations while delivering strong remuneration and growth potential. With minimal workload, secure long-term agreements and solid income from day one, Capri represents a superior entry point or strategic expansion opportunity in the permanent letting market.
Interested? Why not give Nathan Bock a call on 0412 634 277 or nathanbock@resortbrokers.com.au