This one is a real rarity on the Gold Coast – a high-netting permanent management rights operation contained within a high-end, modern, twin high-rise development, located in central Southport. Will sell quickly.

Key Features

  • Modern, permanent residential building of 185 apartments (55 in letting pool)
  • Prime location in central Southport close to all amenities and Broadwater
  • Solid BC salary of $263,000 (CPI linked)
  • Residential caretaking/letting agreement recently topped up to 23.5 years
  • Stunning three-bedroom manager’s residence with Broadwater views
  • Considerable additional income through on-site unit sales
  • Identifiable scope to grow business
  • Call Alex Cook on 0467 600 610 for more information

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005188
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Southport
Sale Type: Management Rights - All
Net Profit: $461,443
Price: $3,650,000

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

John & I were really happy and felt very supported by Paul our agent. He often went above and beyond with any of the details we needed to accomplish to achieve the sale. His professional and friendly manner was a delight to deal with. We felt very comfortable and confident in having Paul as our agent and would gladly recommend Paul to anyone thinking of selling their MR business. Selling can be stressful, Paul always kept any potentially stressful situations at bay with his quiet, confident, helpful & calm manner. We wish Paul all the best for the future.

- John & Susan Ryan
Vendor,
Gold Coast Outlook 3

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