Management Rights – High-Rise, Main Beach Gold Coast

Management Rights – High-Rise, Main Beach Gold Coast — Property · Main Beach, Gold Coast · Asking $919,505 · Net Profit $71,901

Permanent letting management rights in a well-maintained high-rise in Main Beach with minimal caretaking duties Manager's unit: 3 bed, 2 bath, private patio, air-conditioned, large modern kitchen, secure undercover carpark 10-year agreement; no set office hours; pets allowed with body corporate approval 40-50 units total, 4 units currently in the letting pool at 100% occupancy (strong potential…

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Management Rights – High-Rise, Main Beach Gold Coast

Management Rights

ActivePropertyQueenslandB2C

View original listing ↗

Asking price

$919,505

Disclosed · AUD

Revenue (est.)

~$288,412

Estimated · comparable listings of this type and size

Net Profit

$71,901

Implied multiple

n/a

Price includes the property

Brief

Permanent letting management rights in a well-maintained high-rise in Main Beach with minimal caretaking duties
Manager's unit: 3 bed, 2 bath, private patio, air-conditioned, large modern kitchen, secure undercover carpark
10-year agreement; no set office hours; pets allowed with body corporate approval
40-50 units total, 4 units currently in the letting pool at 100% occupancy (strong potential to grow)
Solid net income with strong upside from growing the letting pool
Walk to Tedder Avenue dining strip, Southport Yacht Club and patrolled beach

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