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Address available on request Labrador, QLD 4215

Address available on request,
Labrador, QLD 4215

Hotel, Motel & Leisure

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Exclusive Mixed Use Apartment Management Rights - ID 9181

  • Large Body Corporate Salary
  • Long Agreements
  • Great Location
Management Rights For Sale - Price Drop
Labrador - Overlooking the Gold Coast Broadwater

- Superior style apartments

- 146 lots with 43 in the letting pool

- Superb lifestyle facilities

- Long agreements with over 17 years remaining

- Body corporate salary $252,900 inclusive of GST

- Large reception and back office on title

- REI Cloud property management system

- Sinking fund balance of over $1,050,000

- Supportive and proactive body corporate

- Elevated 2 bedroom, 2 bathroom manager's residence

The complex is located in Labrador on the Gold Coast, situated on the panoramic Broadwater with easy access to Gold Coast theme parks, Marina Mirage and Harbour town shopping, dining and entertainment precinct. Perfectly positioned to enjoy all that the Gold Coast has to offer.

Net Profit: $450,800
Reduced Asking Price: $3,195,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast Management Rights opportunity contact:

Exclusive Management Rights Brokers
Phil Trimble & Gerard Dixon

Property Code: 951

Labrador, 4215 demographic data

The median household income for Labrador is $1,188, 21% lower than Regional Queensland's household income of $1,507. Labrador has an older age profile compared to the rest of Regional Queensland (median age 45 vs 41). Property ownership data shows 51% of property owners in Labrador have a mortgage.

18,643
Population
$1,188 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households
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Address available on request
Labrador, QLD 4215

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