Carrara
$1,940,000
2
2
1
Management Rights
- Permanent Complex Type
- $160,000 Net Profit
- $1,380,000 Manager's Unit
- BBQ, Pets Allowed, Pool Features
Property Description
CARETAKING ONLY - NOT REQUIRED TO LIVE ONSITE - NEW APARTMENTS
Offering quality, new, residential apartments, this Gold Coast Management Rights, is to be sold as a Caretaking Only business for the purposes of income verification. Rental income gained will be to the benefit of the buyer with no acquisition cost. A complementary, no obligation, letting pool of approximately ten apartments is available at settlement at no additional cost should the buyer elect to incorporate a letting component into the business. With new 25-year Management Agreements and a Body Corporate Salary of $160,000 p.a. plus GST you have a secure base income with annual CPI reviews. This represents a generous multiplier of 3.5 on the business sale price. And any letting income is in addition to that! The residence included in this business package shall be a superb two-bedroom, two-bathroom, 145 sqm apartment with car space. Onsite office and storage provided separately under occupational authority for the term of the management rights agreements. This residence, whilst bundled with this sale is not tied to the business within the management agreements and may be used, or sold separately, as seen fit by the buyer at any time after purchase. Residents enjoy, ultra-modern, waterfront living with spectacular unobstructed views of the Gold Coast skyline over Main River from this prized piece of real estate. Look forward to a great lifestyle where this limited collection of two, three-bedroom and penthouse apartments, feature elegant finishes and sweeping views complementing refined architecture. Immerse yourself in resort style living amongst a sublime subtropical waterfront site, with infinity pool featuring waterfront pavilion and marina, making perfect use of the north facing prime main river frontage. Within a 10-minute drive, you will be on the sandy beaches of the Gold Coast, enjoying a spot of shopping at Pacific Fair, having a night of fun at the Star Casino, or experiencing the bustling restaurants of Broadbeach. Why not challenge yourself on the internationally renowned golf courses? Enrol your children into to the finest schools the Gold Coast has to offer. Contact Bobo Qi now for an exclusive appointment.
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