A management and letting rights opportunity set to impress any experienced MLR operators. Delivered by award-winning developers these are two distinguished and newly conceived permanent apartment complexes. Being sold in one-line, they offer a stable income with combined BC salary circa. $175,000, supported by long 25 year agreements, and have superb beach and river front positions located between Surfers Paradise and Broadbeach.

  • Total of 126 apartments across both complexes 
  • Building 1 comprises 97 lots was delivered in late 2022 and has a letting pool of 47 units
  • Building 2 has 29 units, is 95% owner occupied and has a beachside position
  • Combined net profit of $331,780 p.a. with scope for growth
  • Together these two complexes offer a combined BC salary of $176,042 p.a. plus GST
  • No set office hours and no requirement for manager to live onsite in either complex
  • Building 1 has a remarkable 90m curved frontage over the Nerang river
  • Facilities include rooftop, sauna, spa rooms, swimming pool, gym and yoga terrace
  • Library, billiards room, bocce court, private dining and boardrooms
  • Freehold 8sqm managers office off the main lobby - price $48,000
  • A short walk to Broadbeach and 4 minute tram ride into Orchard Ave, Surfers Paradise
  • Expressions of Interest with Price Guide of $2m+
  • All inspections via appointment only
Alex Cook

Interested? Why not give Alex Cook a call on 0467 600 610 or