ResortBrokers presents, Lakeside on Varsity, a high-performing management rights business in Varsity Lakes, minutes from Burleigh Beach and major amenities.
This gated, permanent residential complex of 99 townhouses, with 20 in the onsite letting pool, is attractive to both the tenant and investor marketplace, with the townhouses having strong rental returns.
The 15 townhouses managed by outside agents provide significant upside for a buyer to grow the letting pool, further enhancing returns on top of the $321k net profit, inclusive of a healthy BC Salary circa $260k.
The lakefront, spacious manager's residence, is a well-appointed 3-bed, 2-bath townhouse with large office attached, perfect for a family, ideally located next to one of the best state schools on the Gold Coast.
Run efficiently, impeccably maintained, and solid working BC committee relationships, this is a scalable, well-established business opportunity, with no set office hours, and option for nominee to reside, it offers unparalleled flexibility with upside.
Interested? Why not give Todd Warner a call on 0438 170 763 or todd@resortbrokers.com.au
