Great opportunity to purchase the management rights to this well-established villa / townhouse complex that genuinely ticks all the boxes – agreements recently topped up to 23 years, easy to operate, ability to live off-site, spacious manager’s residence, scope for growth

Key Features

  • 113 villas and townhouses – 72 managed in on-site letting pool
  • Agreements recently topped up to 23 years + Gallery Vie friendly
  • Body corporate salary of circa $135,000 (CPI linked)
  • Manager lives off-site (with specific body corporate approval)
  • Manager’s residence currently rented out (additional $15,000 per annum)
  • Spacious 4 bedroom, stand-alone manager’s residence – ideal for manager’s with family OR
  • Ideal for operator looking to live off-site and/or as an add-on business for existing operator
  • Currently managed by single operator – good scope for hands-on couple to add further income streams
  • A great business located in a leafy and peaceful suburb!

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005136
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Bridgeman Downs
Sale Type: Management Rights - All
Net Profit: $285,713
Price: $2,060,000

Listing Agent(s)

Agent Feedback

My experience in dealing with Alex Cook as the selling agent for Deepwater Point has been nothing short of outstanding. From the quality of marketing material, to the handling of site inspections, to the negotiation skills demonstrated whilst finalising the sale, Alex has proved himself to be an exceptionally professional and knowledgeable agent. I was particularly impressed with the constant and detailed feedback provided to me throughout the process. We felt comfortable from the start to the finish and always knew exactly what was going on, making the whole experience as stress free as possible. Alex also seems to have particularly good relationships with the various industry professionals used during the sales process, again making life a lot easier. I genuinely feel Alex had our best interests at heart at every stage, and would not hesitate in recommending him to anyone looking to buy or sell their Management Rights. Out of interest, I have gone on to purchase another Management Rights through Alex.

- Mark Fuhrmann
Vendor,
ex-Deepwater Point

I am not often moved to write to record my appreciation and recognition of outstandingly excellent work and good practice. This is because I have seldom found it.  This is not the case with Alex Cook and Resort Brokers.  The whole experience from the initial appraisal to the signing of the contract and later advice that the purchaser's finance had been approved has been of the highest order.    

- Peter & Marg Fisher SURFERS PARADISE

The punctuality of yourself and every member of your team cannot be faulted.  We felt very comfortable with you and felt confident that you could get us the best possible price for our management rights.  We wouldn't hesitate to recommend you to anybody who is contemplating selling or buying and wish you all the continued success.

- Peter and Marg Fisher SURFERS PARADISE