Coomera
$3,450,000
3
2
2
Management Rights
- 138 Total Units
- Permanent Complex Type
- 88 Letting Pool
- $233,049 Remuneration
- $481,466 Net Profit
- $850,000 Manager's Unit
- BBQ, Pets Allowed, Pool Features
Property Description
NEAR HALF A MILLION PROFIT - GOLD COAST
Two, similarly sized, and modern Gold Coast residential townhouse complexes, a mere 6km apart, offering a considerable net income of $481,000 p.a. With almost 50% of the substantial net profit comprised of Body Corporate Salaries totalling $233,000 p.a. plus GST, this is a business worthy of serious consideration. Attractive unexpired terms on each of the Management Rights Agreements of 23 and 24 years respectively also provide this exciting business package with a commendable platform for ongoing and profitable success. The strata communities you will be managing have minimal communal area amenities, being a total of one swimming pool and a couple of BBQs. As there is only one manager's residence to purchase within this business offering, the overall Return on Investment is extremely attractive. The 3-bedroom, 2-bathroom, 2 Garage townhouse is also very reasonably priced at $850,000. You will love the quick access to the M1 highway for the convenient commute to Brisbane. Enjoy nearby Westfield Shopping Centre, railway station and Australia's best theme parks all at your doorstep. Don't be late to the party. Reach out to Bobo Qi now!
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