New 25 Years Management Rights Northern Gold Coast
New 25 Years Management Rights Northern Gold Coast
New 25 Years Management Rights Northern Gold Coast
New 25 Years Management Rights Northern Gold Coast
New 25 Years Management Rights Northern Gold Coast
New 25 Years Management Rights Northern Gold Coast
New 25 Years Management Rights Northern Gold Coast
New 25 Years Management Rights Northern Gold Coast
New 25 Years Management Rights Northern Gold Coast
New 25 Years Management Rights Northern Gold Coast

New 25 Years Management Rights Northern Gold Coast

$955,000

Great opportunity to purchase the management rights to a 5 year old permanent management rights business, located right in the middle of Brisbane and the Gold Coast.

Key Features

  • Gated townhouse complex, with 26 managed in on-site letting pool
  • Very clean P&L – good scope to grow additional income streams
  • Extra Nett Income of $22,360 when you rent out managers unit
  • 25 years remaining on caretaking and letting agreements
  • Good sized, professional manager’s office, on title and detached
  • Easy to manage complex – low maintenance caretaking work
  • Nil requirements to live on site
  • Nil set office hours
  • Managed by one person

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004896
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Ormeau
Sale Type: Management Rights - All
Net Profit: $113,439
Price: $955,000

Listing Agent(s)

Agent Feedback

To whom it may concer, recently my wife and I purchased a management rights business through Paul Mueller. From the first phone contact with Paul, we were kept completely informed and received first class treatment. Like all management rights purchases nothing goes completely to plan, when things needed to be chased up Paul was always on the job, working with ourselves and the seller. I would recommend Paul to anyone who wishes to market their business or to a buyer in the market for a new venture.

- Steve Siddaway
Vendor,
Fivechester - Rise - Ascent

We recently engaged Gareth Closter and Resort Brokers to sell our Management Rights at Kelvin Grove. Gareth was very thorough in explaining the entire process and demonstrated great communication skills throughout the entire transaction. Gareth was always contactable and very easy to deal with. I would have no hesitation in recommending Gareth and Resort Brokers to anyone looking to sell or purchase Management Rights in the future!

- Sarah Williams
Vendor ,
PPS Property Management

We appointed Resort Brokers, particularly Gareth Closter, to sell a large M R business as we felt, because of previous experience, that Gareth is hard working and would do a good job for us. He exceeded our expectations in achieving a 6 times multiplier. Gareth and Resort Brokers are our go to people when buying or selling Management Rights. I have no reservations in recommending them.

- John Sklavos
Vendor,
Portside Property Services Hamilton Wharf