Easy to run townhouse complex management rights at Labrador

$710,000· (For Sale)
  • Labrador
  • Labrador
  • Labrador

About the business
 Easy to run business with only one person needed;
 Easy to care duties in a small quiet complex, no BBQs to clean;
 Supportive body corporate committee;
 Potential to increase profit by doing maintenance jobs, as current manager is not doing any;
 No fixed office hours;
 20 year agreement with about 19 year remaining;
 Ideally suited to a single or couple who would like a balance between work and life.

About managers residence
 Two story townhouse with river views. Just open your private courtyard gate and you can launch you boat or jet-ski into the water and go for a cruise, fish or even catch lots of mud crabs;
 Downstairs there is a single garage, a laundry room with a toilet, open plan kitchen and living area;
 Large backyard with a shed and under-covered outdoor sitting area, enjoying the water views while having a beer in the backyard;
 Upstairs there are 3 bedrooms and 1 bathroom with dual entrances;
 Two of the bedrooms have river views.

About the complex
This complex is centrally located at Labrador and provides a beachfront lifestyle with close proximity to Griffith University and Surfers Paradise. The Broadwater has excellent access areas to the water for windsurfing, sailing, para-flying, jet-skiing, boating, fishing, crabbing and swimming - making this once sleepy suburb a popular retreat for holidaymakers.
• Convenient to anywhere, shopping, food, study, entertainment, exercise, etc.
• There are good schools in nearby areas, e.g. a b Paterson College, St Hilda’s etc.
• It is only 400 meters to the Broadwater Parklands. Walking to the Aquatic Center Olympic swimming pools.
• 2.5 km to Southport CBD area.
• 3.7 km to Griffith University and Gold Coast University Hospital.
• 5.4 km to Surfers Paradise beach and clubs.
• 6.5 km to Sea World which is just on the other side of the harbor.
• 4.8 km to the famous Harbor Town Outlet Shopping Centre.
• 14.5 km to Movie World, Dream World and Outback Spectacular.

Permanent Management Rights | Labrador
Net Income: $75,962
Body Corp Salary: $57,693 (CPI indexed)
Manager Unit: $450,000
Asking: $710,000.00


Robert Lin

Principal, MREIQ


Robert is the Principal of Joy Realty and a Full Licensed Agent. Having owned investment properties and management rights business in Brisbane Southside for the past 10 years, Robert knows what it is that clients expect from their agents first-hand, and you can be rest assured that he delivers. Robert specialises in marketing management rights and land & acreage properties, and is closing in on $50,000,000 in sales as of October 2012. Believing in determination, persistence and good old fashi...