New Permanent Management Rights in Heart of Southport
New Permanent Management Rights in Heart of Southport
New Permanent Management Rights in Heart of Southport
New Permanent Management Rights in Heart of Southport
New Permanent Management Rights in Heart of Southport
New Permanent Management Rights in Heart of Southport
New Permanent Management Rights in Heart of Southport
New Permanent Management Rights in Heart of Southport

New Permanent Management Rights in Heart of Southport

$950,000Under Contract

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

The professionalism demonstrated by Alex throughout the sales process was very impressive. We made it clear from the outset that we wanted the sale to be as discreet as possible, and to be conducted as swiftly as possible. Despite the fact that this obviously hindered Alex's advertising options, he was able to arrange two days of back to back inspections, which produced 5 offers at asking price. We then worked with Alex to select the most suitable candidate. Furthermore, Alex worked tirelessly throughout the sales process, ensuring that the due diligence process went as smoothly as possible. We would have no hesitation in recommending Alex to anyone looking for a high level of service and a great result. Thank you Alex!  

- Brenton Brown
Building Manager,
Deepwater Point Apartments

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

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