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Address available on request Main Beach, QLD 4217

Address available on request,
Main Beach, QLD 4217

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Caretaking Only Entry with Huge Multi Upside Potential - ID 8175

  • Secure Salary, Minimal Hours
  • Significant Income Upside
  • Prestigious Coastal Lifestyle
Caretaking Only Management Rights for Sale
No Rental Management, Secure Salary, Minimal Hours

- All permanent residential building with 11 units managed by outside agents and 13 lock-ups.

- No rental management - caretaking only, supported by a strong and stable Body Corporate salary of $88,178 plus GST, indexed annually to CPI.

- No requirement for a real estate licence, no trust account setup, and no property management software - resulting in almost no additional operating costs.

- Substantial upside potential through expanding the rental roll and earning sales commissions if the new manager holds a real estate licence.

- No fixed office hours and very simple caretaking duties requiring only a few hours per week.

- 10-year agreement with 9 years remaining and a very cooperative, friendly committee.

- Net profit of $96,352 with multiple channels of significant income upside potential, including adding your own rental management, property sales commissions, repairs and maintenance income, whole-site redevelopment potential with outstanding future upside.

- Very spacious manager's residence featuring 3 bedrooms, 2 bathrooms, 1 secure car space, a private courtyard, and a balcony with ample storage.

The best location in Main Beach on the Gold Coast - walking distance to famous beaches, parks, restaurants, clubs, and public transport. Secure substantial and easy income growth opportunities with a relatively small entry-level investment. Total price only $2,100,000, including a 3-bedroom apartment in prestigious Main Beach.

Net Profit: $96,352
Asking Price: $2,100,000
(Inclusive of Managers Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights opportunity contact:
Management Rights Broker
Bill He

Property Code: 1102

Main Beach, 4217 demographic data

The median household income for Main Beach is $1,682, 12% higher than Regional Queensland's household income of $1,507. Main Beach has an older age profile compared to the rest of Regional Queensland (median age 57 vs 41). Property ownership data shows 30% of property owners in Main Beach have a mortgage.

3,998
Population
$1,682 per week
Median household income
57 years
Median age
Owners
Most residents
Families
Most households
04392889...
realcommercial.com.au logo
Address available on request
Main Beach, QLD 4217
Management Rights Sales - QLD & NSW
170 Scarborough Street
SOUTHPORT, QLD 4215

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