Sold
Management Rights · Maroochydore · MR008074
An outstanding opportunity to purchase two management rights businesses in one line. The first property located in Yaroomba consists of 25 Townhouses in a gated complex adjacent to Palmer Coolum Golf Resort. The second consists of 40 townhouses which 20 are in the letting pool.
Two Permanent Management Rights with long term agreements and no unit to buy!
An outstanding opportunity to purchase two management rights businesses in one line. The first property located in Yaroomba consists of 25 Townhouses in a gated complex adjacent to Palmer Coolum Golf Resort. The second consists of 40 townhouses which 20 are in the letting pool. Both complex offer low maintenance caretaking and have 23 and 25 years respectively left on the agreements. There is no unit to buy, no requirement to live onsite and no fixed office hours. This is the perfect permanent management rights with tremendous upside to build the letting pool.
- Net profit
- $171K
- Asking $875,000
- Status
- Sold
The business at a glance.
- Locale has a new 25-year agreement
- Serene has 23-years on agreements (caretaking only)
- No requirement to own a unit
- No fixed office hours
- Low maintenance grounds
- Near new complexes
- No requirement to live onsite
- 15 minutes drive between the complexes
- Inspection by appointment only
The asset, the manager unit, the location.
Maroochydore, QLD
Maroochydore, QLD
Talk to the broker.
Ask about similar propertiesGlenn Millar
Senior Specialist Accommodation Broker Sunshine Coast
0412 277 804
07 3878 3999
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