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SUNSHINE COASTS BIGGEST PERMANENT WITH NET OVER $1.1M

ResortBrokers presents an outstanding opportunity to secure a closeknit portfolio of established management and letting rights in a blossoming region of the Sunshine Coast, close to key amenity, transport and education. This lucrative compilation of permanent let apartments is a genuine business-only that required no real estate to buy, and offers a verified net profit exceeding $1.1m.

  • Combination of 2 and 3 bedroom apartments
  • Verified net profit from industry specialist accountant of $1,152,885 p.a.
  • Substantial Body Corporate salary of $553,549 p.a.
  • No real estate to own and no requirement to live on-site
  • No set office hours in Agreements
  • Current management in place that can be retained with the business
  • 25 year Caretaking and Letting agreements with long tenure remaining
  • Multiple office spaces & various storage rooms all under Occupational Authority
  • Facilities include swimming pools & BBQ areas, gym, secure parking & visitor bays. 
  • All inspections by appointment only

 

Listing Ref MRB008206
Property Type Management Rights
Sale Type Management Rights - Business only
State QLD
Region Sunshine Coast
Suburb SIPPY DOWNS
Net Profit $1,152,885
Price $7,995,000
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Tim Crooks

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Chenoa Daniel
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