Varsity Lakes
$1,600,000
3
3
2
Management Rights
- 81 Total Units
- Permanent Complex Type
- 22 Letting Pool
- $139,311 Remuneration
- $181,852 Net Profit
- $700,000 Manager's Unit
- Pets Allowed, Pool Features
Property Description
PERMANENT MANAGEMENT RIGHTS PACKAGE WITHOUT LIVING ON-SITE
A profitable package of four permanent Management Rights businesses located within the sort-after suburb of Varsity Lakes. Townhouse complexes are within 7 minutes walking distance of each other. Great position and very convenient, walk to Market Square, Bond University and Varsity Lakes College - well known public primary and high school. Manager's real estate includes a 3-bedroom, 2.5 bathroom, 2 carpark, double story townhouse with a separate office on title. Choose either to live on or live Off-site. Current total Body Corporate salary is $139,311 plus GST with long term agreements between 20-21 years. Total net income is $181,852 of which 76% is stable Body Corporate salary. Good sized investment package, with flexible working arrangements as no set office hours. Well established operating procedures are in place to allow for a smooth handover to incoming manager. If you are interested in this superb Gold Coast Management Rights business with income over $180,000 for you or your family, this may be the one you are looking for! Contact me quickly for further details.
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