New - Big Permanent With Big Upside
Management Rights for sale Gold Coast. Large Permanent complex centrally located in Burleigh Waters within the Treetops shopping precinct. Shopping centre, gymnasium, cafes, public transport all on the doorstep. Very popular position for rentals and never a vacancy issue. Large Body Corporate remuneration with annual CPI increases. New updated Caretaking Agreement put in place in 2021. Manager's residence is a large 3 bedroom, 2 bathroom with car spaces and storage. The office that is on-title is separate to the residence and is located in the commercial ground floor area. There is a fair bit of upside to the business and scope for growth. With the current high demand for rentals management have only just started to increase the weekly rental rates. Very little R&M work for either the units or the Body Corporate has been carried out by the current partnership and a handy person would be able to make a considerable amount of extra income. This is ideally suited to a couple who could work the business together full time and this would also be suitable for a partnership.(Listing ID: 21089828 )
REF: 21089828