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

Thank you Alex for the superlative effort you put in on our behalf to sell our management rights business.  We're sure that you'll agree that it wasn't without challenge from both parties but your tireless positive attitude and willingness to listen and facilitate, were key factors in the success of the process.

- Peter and Kim Holthouse WINDSURFER RESORT

I am not often moved to write to record my appreciation and recognition of outstandingly excellent work and good practice. This is because I have seldom found it.  This is not the case with Alex Cook and Resort Brokers.  The whole experience from the initial appraisal to the signing of the contract and later advice that the purchaser's finance had been approved has been of the highest order.    

- Peter & Marg Fisher SURFERS PARADISE

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