ResortBrokers presents an attractive duo of business-only management rights across two well-maintained residential complexes in high-demand rental suburbs, comprising 69 apartments and generating a net profit of $140,679.
With approximately 70% of income derived from body corporate salary, this established operation offers an appealing return without the significant capital outlay associated with purchasing real estate.
There is further potential to increase revenue through letting pool expansion, while retaining relatively light caretaking responsibilities.
Designed for ease of operation, the businesses offer flexible working arrangements with no set office hours, and only one BBQ to maintain (no other common facilities).
This makes the duo an excellent option for first-time management rights buyers or experienced operators looking to expand their existing portfolio.
Interested? Why not give Jessie Shi a call on 0422 935 428 or jessie@resortbrokers.com.au