Lifestyle flexibility, this profitable management rights in the popular Gold Coast suburb of Mermaid Waters has it in abundance!
With no requirement to reside, no set office hours this fantastic business can be run remotely, while the waterfront manager’s residence can be rented out for approximately $650 per week, adding a further $36,000+ p.a. extra rental income to the solid $172k+ Net Profit.
The secure, gated residential complex comprises 80 units, 27 units are included in the letting pool, with 15 managed by external agents, presenting a significant opportunity for growth and increased management income.
This low-demand property requires just a few hours of daily attention, whether you're an experienced investor, an aspiring manager looking to expand your portfolio, or a semi-retiree, this complex provides solid rental income, room for growth, and the allure of waterfront living – a rare and lucrative combination with operational flexibility.
Interested? Why not give Todd Warner a call on 0438 170 763 or todd@resortbrokers.com.au
