A thriving management rights business in the heart of Southport offers efficient, low-maintenance operations with much of the maintenance work contracted out, presenting excellent potential to win back outside lets and grow further.
Comprising 184 apartments (30 in the letting pool) and generating a consistently high net profit of over $429,695 year-on-year, the business is underpinned by a $331,383 Body Corporate salary. This permanent residential complex is supported by 21 years remaining on the accommodation module and a proactive body corporate.
The manager’s residence is a spacious 3-bedroom, 2-bathroom home with uninterrupted elevated Broadwater views.
Interested? Why not give Clint Amos a call on 0482 061 261 or clint@resortbrokers.com.au