Hope Island
$420,000 - BUSINESS ONLY
Management Rights
- 91 Total Units
- Permanent Complex Type
- 2 Letting Pool
- $116,241 Remuneration
- $122,123 Net Profit
- BBQ, Pets Allowed, Pool Features
Property Description
NO REAL ESTATE TO BUY - PRIME LOCATION!
An exceptional opportunity awaits to secure the management rights to a modern, two-year-old residential townhouse complex in the heart of Hope Island. One of the Gold Coast's most desirable lifestyle destinations. Key Features: No Manager's Unit to Buy - Keep your capital free. Outstanding Location - Enjoy all that Hope Island has to offer, including golf courses and marina. Residents enjoy the stroll to the Hope Island Marketplace, offering a range of superb dining options and local shops. Modern, Low-Maintenance Residential Complex - Only 2 years old, offering hassle-free management with modest communal facilities. High-Quality Residents - Professional, long-term tenants assist in smoothing day-to-day operations. Consistent, Reliable Income - Steady income stream with 95% of Net Income derived from Body Corporate Salary of $116,000 p.a. plus GST. Increasing yearly by the higher of either CPI or 3%. This is the perfect opportunity for someone looking to step into management rights - or an excellent addition to an existing portfolio. Enquire now by contacting Selina Zhong for a confidential discussion and full information pack.
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