Management Rights: Permanent

Southport, QLD : $ 995,000

Last update: 17 November 2011.
Permanent management rights
Permanent management rights
Permanent management rights
Permanent management rights
ThePropertyManager ID 3561750
REF: 8061
Financial Data
Listing Status current
Price $ 995,000
Net Income (explanation) $ 123,000 (actual)
Remuneration (explanation) $ 97,882
Complex Specifics
Location (Read Suburb Profile) Southport QLD, 4215
Australia
Complex Age 30years
Complex Features
Manager`s Realestate
Manager`s Bedrooms  
Manager`s Unit Features
  • 2 bedroom ;
  • 2 bathroom apartment;
  • Balcony views;
  • Office Hours As per agreements
    Pets Allowed? no
    Manager's Realestate Value $ 450,000
    Letting Rights
    Agreement Term 10 years
    Agreement Remaining 8 years
    Total Units 81
    Units in Letting Pool 14
    Outside Agents 3
    Units in Lock-up 2
    Owner Occupiers 48

    BROADWATER MANAGEMENT RIGHTS BUSINESS - ID 8061

    A well established mixed letting management rights business ideal for first time operators with a very good residence opposite the Broadwater

    - Ideal first timer complex with good salary
    - Indoor and outdoor pools, spas and full size tennis court
    - Spacious third floor residence with wrap-around balcony and views
    - Close to Australia Fair shopping centre, restaurants and all facilities

    Nett Profit: $123,000
    Asking Price: $995,000
    (inclusive of managers real estate)

    A copy of the Sustainability Declaration for this property is available for viewing upon request

    REF: 8061

    Property Listed By: Management Rights Sales


    Call Wal Karlo on: 0412 200 362

    This Agent has a Platinum Membership on ThePropertyManager.com.au

    Email Wal Karlo

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