Exclusive - No Onsite Living Required - Exceptional 3.30 Multiplier! - ID 7970

Permanent Management Rights For Sale<br />
Quality Two-Bedroom Manager’s Residence with Huge Exclusive-Use Office<br />
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- No requirement to live onsite: This offers the potential to rent out the manager's residence for approximately $40,000 in additional annual income, increasing your total overall return to more than $110,000 per annum.<br />
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- Ultimate flexibility: No fixed office hours, offering greater lifestyle freedom.<br />
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- Exceptional value: Low business multiplier of just 3.30.<br />
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Secure & stable: Long-term 25-year agreement with approximately 22 years remaining, backed by a very supportive and friendly body corporate committee.<br />
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- Solid financial foundation: Strong recurring body corporate remuneration of $57,354 plus GST per annum, featuring annual CPI increases.<br />
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- Consistent market: Predominantly one-bedroom apartments, providing a highly stable permanent rental demographic.<br />
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- Easy caretaking: Low-maintenance complex with excellent street appeal, minimal garden upkeep, and relatively few hours required.<br />
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- Growth potential: Established permanent letting pool of 15 apartments, with a further 7 currently managed by outside agents—offering a clear pathway to expand the portfolio and increase future income.<br />
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A Genuine Deal. Exceptional Value. Outstanding Opportunity!<br />
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Net Profit: $73,108<br />
Asking Price: $980,000 (Inclusive of Manager's Real Estate)<br />
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Call Bill He on 0439 288 960 NOW to arrange an inspection and secure this Gold Coast Management Rights opportunity.<br />
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Property Code: 1207