Sold
Management Rights · Varsity Lakes · MR008423
ResortBrokers exclusively presents the management rights to a well-established permanent apartment building complex in Gold Coast's highly popular neighbourhood of Varsity Lakes, only minutes to Robina Town Centre and Bond University. For the first time to market as an established business this complex is truly impressive offering steady high net profit and excellent return on investment along with over 24 years remaining on the agreements stipulating long-term security. The property is easy to manage, with minimal duties and facilities, making it an ideal choice for those seeking a manageable investment.
First time to market in over a decade! Easy-care high net profit permanent MLR
ResortBrokers exclusively presents the management rights to a well-established permanent apartment building complex in Gold Coast's highly popular neighbourhood of Varsity Lakes, only minutes to Robina Town Centre and Bond University. For the first time to market as an established business this complex is truly impressive offering steady high net profit and excellent return on investment along with over 24 years remaining on the agreements stipulating long-term security. The property is easy to manage, with minimal duties and facilities, making it an ideal choice for those seeking a manageable investment.
- Net profit
- $627K
- Asking $4,630,000
- Status
- Sold
The business at a glance.
- No set office hours
- Over 24 years remaining on agreements, providing long-term investment security
- Impressive net profit supported by a substantial body corporate salary
- P&L prepared by professional industry accountant
- All permanent letting - consistant 100% occupancy
- One body corporate - very supportive committees
- Minimal duties and facilities, ensuring easy management
- Manager's Lot includes a spacious three-bedroom residence plus office - $700k
- Lucrative financial opportunity with strong return on investment
- Prime location - proximity to Robina Town Centre and Bond University
- Inspection by appointment only
The asset, the manager unit, the location.
Varsity Lakes, QLD
Varsity Lakes, QLD
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