Large 83 Unit Complex, Right in the Heart of Southport
Large 83 Unit Complex, Right in the Heart of Southport
Large 83 Unit Complex, Right in the Heart of Southport
Large 83 Unit Complex, Right in the Heart of Southport
Large 83 Unit Complex, Right in the Heart of Southport
Large 83 Unit Complex, Right in the Heart of Southport

Large 83 Unit Complex, Right in the Heart of Southport

$1,645,000Sold

22 years remaining, no office hours, gallery vie friendly, 63 units in the letting pool. Massive scope for growth, these complexes don’t come up for sale very often.

Key Features

  • Very clean P&L – good scope to grow additional income streams
  • Extra nett income on repairs and maintenance
  • 22 years remaining on caretaking and letting agreements
  • Professional gardner in place
  • Right in the heart of Southport
  • Large 3-bedroom managers apartment
  • No set office hours

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004977
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Southport
Sale Type: Management Rights - All
Net Profit: $267,300
Price: $1,645,000

Listing Agent(s)

Agent Feedback

Both my wife and I are extremely grateful to Alex and the team at Resort Brokers as it’s resulted in a satisfactory outcome and has made the whole process as stress free as the trauma of selling your Management rights can be.

- Peter and Marg Fisher SURFERS PARADISE

We also appreciated Alex's accessibility and acknowledge the personal time that he sacrificed to maintain a continuous communication channel for our queries.We will certainly recommend Alex to our friends and colleagues for that moment when they too decide to seek a different life.

- 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