First time to market! Sensational business-only MR in buzzing Benowa!
Exceptional opportunity to secure a landmark asset of an iconic residential Management Rights complex located in the heart of the Gold Coast.
Comprising 328 units in total, with 22 in the existing letting pool (two outside managed) and a further 9 projected permanent lets for the final stage, Vantage Benowa is offered for sale as an existing build for stages 1-3 and Off The Plan for stage 4.
One of the key highlights of this opportunity is a solid Body Corporate Salary of a combined $395,991, coupled with long accommodation module agreements and no set office hours, this business would make an astute acquisition for any experienced manager.
- Acquire the existing build & OTP of a landmark asset
- Be the first to secure brand-new off-the-plan management rights
- Benefit from an impressive Net profit exceeding $354k
- Take over a premium residential management rights complex
- Capitalise on a prime Central Gold Coast location
- Unlock additional income potential through repairs and maintenance and unit letting
- Experience the flexibility of a business-only model with no on site residency requirement
- Operate from a professional property manager’s office with occupational authority
- Inspections are by appointment only