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Management Rights Opportunity in Superb Broadwater Location on the Gold Coast – 1P4145MR

Management Rights $1,525,000
Address available on request
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133
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* Well established Management Rights in Absolute Waterfront position.
* 72 apartments total, over two buildings, with single Body Corporate.
* Very Spacious 3 bedrooms 2.5 bath Manager’s Apartment enjoying wonderful close-up water views.
* Separate Office / Reception and Sizeable Storage – all on title.
* Mixed Letting with solid rental demand and majority of apartments upgraded.
* Manageable duties with a pro-active and supportive Body Corporate.
* Residents enjoy 2 pools, 2 Saunas and Tennis Court.
* A Superb Living and Working environment in a sought after location beside the sparkling Broadwater.
* Accountant’s P&L for the Business and Registered Valuation for Manager’s Lot.

Net Profit – $196,000
Business — $900,000 ( 4.6 x Multiplier )
Manager’s Lot $625,000 – Incl. Office/Reception and Storage all on Title.
Total Price – $1,525,000

Address available on request
Price: Management Rights $1,525,000

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Jim Lowe

Business Broker - Gold Coast QLD
07 5371 0165
0456 000 480
jim@crebrokers.com

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