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SIRE Management Rights
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Management Rights Main Beach | Permanent Letting
ID: 280414
Price: $919,505.00
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At last, the lifestyle Management Rights for Main Beach has arrived!

Main Beach is known as the centre of the Gold Coast social scene. Enjoy the location offered by this Management Rights business and onsite manager’s unit in the heart of Main Beach. The busy little retail and dining strip in Tedder Avenue is only a minute walk where you can meet the visiting international and Australian Celebrities. The Southport Yacht Club is also immediately accessible so you can get your favourite boating vessel to where you want or catch up with friends in the Club.

The spacious open plan Manager’s unit has a large kitchen, dining and living areas that maximise your comfort and peace. The Manager’s unit features include:


-          3 Bedrooms

-          2 Bathrooms

-          Private Patio

-          Air-conditioned

-          Spacious modern kitchen

-          Secure under cover carpark

-          Pets allowed with Body Corporate approval

-          Unit price: $560,000

The Management Rights business is permanent letting of a well maintained highrise with minimal caretaking duties to preserve the Manager’s lifestyle:

-          Low maintenance complex

-          No office hours

-          High profile tenants

-          High profile owners

-          10 years contract term

-          Salary: $64,701

-          Net Income: $71,901

Facilities:                            

Swimming pool
BBQ

Building overview

Year Built:                                      1981

Building Type:                               Apartments

Total Number of Units:                 40-50

Units in Letting Pool:                     4 (Lots of potential to increase the net income)

Occupancy:                                     100%

Terms of Agreement:                    10

Module Type:                                  Standard Module

Manager's Unit:                              $560,000.00

Pet Permitted:                                  Body Corporate Approval

Office:                                                On title

Office Hours:                                     No set office hours in agreement

 

Financials

Body Corporate Levies:                    $1900/Q

Body Corporate Remuneration:       $64,701.00

Average Rent Rate:                             $550 - $650

Net Income:                                          $71,901.00

Unit Price:                                              $560,000.00 with office and car park
                             
Asking Price:                                        $919,505.00

With an endless list of features, this first class inner city management rights will provide the lucky new owner with an exceptional lifestyle and a great net income. Please download and fill out the Confidentiality agreement and email back for an inspection.

Only $919,505! Management Rights in Main Beach like this one won’t last for long, so make an offer today!

 

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SIRE Management Rights
433 Logan Road Stones Corner
QLD 4120 Australia
P. 0404 331 310 E. [email protected]
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