Management Rights with Large Letting Pool only a block from Burleigh Beach!!
Here is your chance to own management rights only 100 metres from beautiful Burleigh Beach. The manger's unit is spacious, modern and comfortable. There are a total of 35 units in the building with 24 in the letting pool. The letting pool has grown buy 3 units in the last 12 months. The majority are holiday lettings with an 84% occupancy rate. The gardens and the building are easy to maintain. This business offers a good body corporate salary and creates a strong net profit. This is an excellent opportunity for experienced onsite managers and first time managers.
The financial breakdown is as follows:
Net Profit: $199,663
Unit Price: $495,000
Management Rights: $1,000,000
Total Price: $1,495,000
Please contact Jonathan Shorter on 0405 537 600 or [email protected]