Ashmore Permanent Management Rights

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Description

This new modern permanent complex is ideally located in the central Gold Coast area nearing shopping centres, sports activities, medical centres and close proximity world famous beaches. With no Managers unit to buy, the Real Estate value is minimal at $110,000 for a large office and works perfectly to live off site and run remotely, or add to another Management Rights business for greater economy of scale. This business is extremely well run and has all systems in place, it is currently operating at 98% occupancy through the current period.
Key Highlights:
• Permanent Letting only
• 52 of 83 units in the letting pool
• Net Profit $225,115
• Substantial Salary of $133,000
• No managers unit. Office real estate $110,000
• 25 Accommodation Module with 23 years remaining
• Facilities include, Pool, Gym, Sauna, Spa
• Apartment style low rise building
Previously sold to the current owner by Stratacorp, we have a wealth of knowledge with full information and details on this business.
To arrange a viewing please contact Charles Nurse on 0477 826 666.

For Sale $1,378,000

  • Listing Ref: STC-01730
  • Property Type: Management Rights
  • Property Category: Permanent
  • State: QLD
  • Suburb: ASHMORE
  • Net Profit: $230,500 (Actual)
Charles Nurse
Director
0477 826 666
1800 111 622

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