Varsity Lakes Permanent MR - Amazing Manager's House! Light Workload!
Varsity Lakes Permanent MR - Amazing Manager's House! Light Workload!
Varsity Lakes Permanent MR - Amazing Manager's House! Light Workload!
Varsity Lakes Permanent MR - Amazing Manager's House! Light Workload!
Varsity Lakes Permanent MR - Amazing Manager's House! Light Workload!
Varsity Lakes Permanent MR - Amazing Manager's House! Light Workload!
Varsity Lakes Permanent MR - Amazing Manager's House! Light Workload!
Varsity Lakes Permanent MR - Amazing Manager's House! Light Workload!
Varsity Lakes Permanent MR - Amazing Manager's House! Light Workload!
Varsity Lakes Permanent MR - Amazing Manager's House! Light Workload!

Varsity Lakes Permanent MR - Amazing Manager's House! Light Workload!

$1,095,000Sold

This is the perfect management rights for a family looking for a spacious home and the ability for one partner to continue external employment OR a semi-retired couple looking to combine a decent income with a very high quality of life.

Key Features

  • Permanent residential complex of 49 units - mix of villas, one, two and three bedroom apartments
  • Currently 26 units managed in onsite letting pool - good upside potential through 12 externally managed units
  • Recent 5 year top to agreements, taking them to a term exceeding 23 years
  • Stunning and extremely spacious 3 level, 3 bedroom, 3 bathroom manager’s stand-alone house
  • Easy to manage workload - circa 3 - 4 days per week + no set office hours
  • Prime location overlooking Lake Azzurra in Varsity Lakes
  • Back on the market after a late - aborted sale. All due diligence done. Clean as a whistle! 
  • Call Alex Cook on 0467 600 610

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004881
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Varsity Lakes
Sale Type: Management Rights - All
Net Profit: $98,085
Price: $1,095,000

Listing Agent(s)

Agent Feedback

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

Alex is a very professional and effective Management Rights Broker and we would highly recommend him to any managers wishing to sell their Management Rights and prospective managers wishing to purchase Management rights.

- Allan & Margaret Ott
Vendor,
Management Rights

Alex had our business sold within a week for the asking price. Also he had a back up offer for the same price, his professionalism and work ethics are second to none.

- Laraine & Col Fields
Previous vendors,
Emerald Village Apartments