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

Alex is a very professional and effective Management Rights Broker and we would highly recommend him to any managers wishing to sell their Management Rights and prospective managers wishing to purchase Management rights.

- Allan & Margaret Ott
Vendor,
Management Rights

Thank you Alex for the superlative effort you put in on our behalf to sell our management rights business.  We're sure that you'll agree that it wasn't without challenge from both parties but your tireless positive attitude and willingness to listen and facilitate, were key factors in the success of the process.

- Peter and Kim Holthouse WINDSURFER RESORT

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