Great opportunity to purchase the management rights to a near new permanent management rights business, located on Scarborough Street in Southport.

Key Features

  • 42 apartment mid-rise, with 29 managed in on-site letting pool
  • Very modern building with stand-out, impressive architecture
  • Very clean P&L – good scope to grow additional income streams
  • 23 years remaining on caretaking and letting agreements
  • High quality, well-presented 2 bedroom, 2 bathroom manager’s unit
  • Good sized, professional manager’s office, on title with apartment
  • Easy to manage building – limited caretaking work
  • An inspection will impress – Call Alex Cook (0467 600 610) or Paul Mueller (0439 255 507)

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004891
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Southport
Sale Type: Management Rights - All
Net Profit: $95,282
Price: $950,000

Listing Agent(s)

Agent Feedback

We have recently concluded the sale of our busy holiday resort, and feel very fortunate indeed that Alex Cook of Resort Brokers was our Agent throughout this process. We started the sale process by meeting with several brokers, all of whom were very experienced and had excellent reputations, however, once we met Alex we knew that we would be in good hands through the inevitable challenges of the sales process. Alex proved to be very hard working, proactive, and resourceful. Importantly, he has excellent relationships with all key specialists in the Management Rights industry – Accountants, Valuers, Financiers, Finance Brokers and Lawyers. Without exception, all of the specialists we worked with throughout the sale process all held Alex in the highest regard, and there was always a congenial and cooperative attitude from them as we worked through the key steps in the sale. I believe that Alex was able to achieve the best possible outcome. We are grateful for his enthusiasm, his focus and his positive attitude, and would have no reservations whatsoever in highly recommending him to any Resident Letting Agent who is thinking of selling.

- Darren & Judy Ackland
Vendors,
Blue Waters Apartments

My name is Steve Beale. Alex Cook just sold my two management rights in Bridgeman Downs. I just wanted to pass on my thanks to Resort Brokers and to say how fantastic Alex has been as my broker. Alex sold me my business and acted for me in the disposal and he was faultless in each scenario. His honesty, diligence and trustworthiness are a rare commodity in Real Estate and sales in general. He has a unique skill of delivering hard truth  when it’s needed while at the same time maintaining trust and positivity and the result he achieved was better than I could have wished for. Truly a remarkable talent. I will certainly be recommending Resort Brokers and Alex in particular to anyone I encounter who is looking to buy or sell management rights.  Thanks and all the best.

- Steve Beale
Vendor,
Notting Hill Terraces & Bridgeman Greens

We have recently concluded the sale of our busy holiday resort, and feel very fortunate indeed that Alex Cook of Resort Brokers was our Agent throughout this process.We started the sale process by meeting with several brokers, all of whom where very experienced and had excellent reputations, however, once we met Alex we knew that we would be in good hands through the inevitable challenges of the sales process.Alex proved to be very hard working, proactive, and resourceful. Importantly, he has excellent relationships with all the key specialists in the Management Rights industry - Accountants, Valuers, Financiers, Finance Brokers and Lawyers. Without exception, all of the specialists we worked with throughout the sale process all held Alex in the highest regard, and there was always a congenial and cooperative attitude from them as we worked through the key steps in the sale. I believe that Alex was able to achieve the best possible outcome.We are grateful for his enthusiasm, his focus and his positive attitude, and would have no reservations whatsoever in highly recommending him to any Resident Letting Agent who is thinking of selling.

- Darren & Judy Ackland
Vendor,
Blue Waters Apartments