Helensvale
$485,000
Management Rights
- Permanent Complex Type
- 8 Letting Pool
- $88,811 Remuneration
- $107,555 Net Profit
- BBQ, Pets Allowed, Pool Features
Property Description
SUPERB RETURN ON INVESTMENT - NO REAL ESTATE
Secure a modern Management and Letting Rights business on the Gold Coast! No Real Estate to purchase. Beautiful, gated residential townhouse complex Net Profit of $107,000 p.a. with Body Corporate Salary component of $88,000 (ex-GST), representing 82% of total net income. A term of 21 years remains on the Management Agreements, and this provides robustness around the business's stability, particularly when you consider the sizable renumeration paid in relation to profit. Offered for sale by the developer, you shall be provided with excellent on the job training with robust operational systems in place. For your tailored introduction to the business please contact Selina Zhong.
Your Trusted Management Rights and Resort Sales Brokers
