Runaway Bay
$1,348,000
3
3
2
Management Rights
- 44 Total Units
- Permanent Complex Type
- 15 Letting Pool
- $88,091 Remuneration
- $124,856 Net Profit
- $858,000 Manager's Unit
- BBQ, Pets Allowed, Pool Features
Property Description
GREAT LOCATION - SOUND BUSINESS
Nestled within the sought-after coastal suburb of Runaway Bay, this Gold Coast Management Rights business has plenty to offer. Offering a mix of townhouses and apartments this wonderful residential community is a pleasure to work and live within. Resort style pool, gym & BBQ facilities all onsite. With a supportive committee, an excellent body corporate salary of over $88,000, no set office hours and a low maintenance complex the incoming manager of this business will be very satisfied. Secure income with the onsite manager's salary representing 70% of total net profit. Further confidence is provided knowing that Management Agreements have a term of 24 years to run! This quiet oasis in Runaway Bay is a stroll away from the fabulous Harbour Town shopping, cafes and restaurants. Or take a quick drive to Runaway Bay Shopping Village, boating and marina facilities, the lively Broadwater precinct, Griffith University, Westfield Shopping Centre, Gold Coast University Hospital and Helensvale Train Station. Enjoy the spacious onsite manager's townhouse, featuring large courtyard, three decent size bedrooms, 2.5 bathrooms, double lock up garage and office with separate entry. Don't wait. Contact me now to secure this sound business opportunity!
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