Upper Coomera
$1,200,000
3
2
4
Management Rights
- 42 Total Units
- Permanent Complex Type
- 5 Letting Pool
- $91,942 Remuneration
- $100,276 Net Profit
- $850,000 Manager's Unit
- Pets Allowed, Pool Features
Property Description
GOLD COAST MANAGEMENT RIGHTS - A SOLID BUSINESS
A peaceful residential townhouse complex with an easily managed letting pool, within popular Upper Coomera. Bulk of income derived from Body Corporate Salary of approx. $92,000 plus GST. 20 years remain on Management Agreements with office on title and no office hours. Simple duties and a swimming pool to maintain. All providing the incoming manager with a great foundation to build up this business - an opportunity for the incoming manager to double the onsite letting pool. A very desirable onsite manager's residence being a townhouse with 3 bedrooms, 2 bathrooms and 4 car spaces. Upper Coomera is within a real growth area, on the Gold Coast, with icons the like of Costco, Westfield, and the many world class theme parks, only 4 km away. This business represents an attractive proposition for a new entrant to the Management Rights industry.
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