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Highland Park

$1,150,000

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Management Rights

  • 53 Total Units
  • Permanent Complex Type
  • 16 Letting Pool
  • $104,265 Remuneration
  • $129,000 Net Profit
  • $700,000 Manager's Unit
  • BBQ, Pets Allowed, Pool Features

Property Description

SIMPLE TO RUN - BIG ON LIFESTYLE!

Seize this fantastic residential Gold Coast Management Rights opportunity now. Enjoy the lifestyle in a peaceful, forest-like setting within the ever-popular suburb of Highland Park, just minutes from the M1 and top schools. Boasting a net income of $129,000, this 53-unit complex (16 in the letting pool) is well-run with a supportive committee and long agreements. A 20-year term remains with a Body Corporate Salary of $104,000 p.a. for security and peace of mind. The business is easy to manage with no set office hours, giving you maximum flexibility. The spacious 3-bedroom manager's unit offers 1 bathroom, 2 extra toilets, double garage, and modern upgrades including a new balcony, solar panels, and air conditioning. Enjoy a strong reputation, established income, and a perfect balance of lifestyle and business. Contact us today for more details or to arrange an inspection!

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