Managers Unit: 2 Bedrooms

Financial Snapshot

• Net Profit: $304,000
• Body Corporate Salary: $108,000

Complex Information

• Total Letting Pool: 40
• Agreement Module: Standard
• Agreement Term: 10 years
• Multi Level 1
• Lift Yes
• Total Area: 1000 m²

Full Description:

Kapitol Brokers offer for sale the management rights to this great Main Beach business. Ideal holiday position opposite the beach, parks and just a short stroll to Marina Mirage and Tedder Avenue. Minimal caretaking role as the body corporate pay for a gardener. Room to improve nett income as manager's have not increased charges in 4 years and the possibility of additional income fom body corporate work. Agreement will be increased to 10 years for incoming management. Nett $304,000 asking only 4.7 x nett.

Contact Kapitol Brokers Gold Coast

Sustainability Declaration if relevant to this listing can be supplied upon request, contact marketing agent.