About this business
SOUTHPORT RESORT
Permanent Management Rights For Sale
- Current managers retiring after 10 years
- No set office hours, no requirement to live on-site
- Low ground maintenance
- 94 unit complex
- 48 units in the permanent letting pool
- All units are 1 bedroom and studio apartments
- 2 bedroom, 2 bathroom managers unit
- Reception and back office attached and on title
Ideally located on Marine Parade overlooking the Broadwater. It is a mid-rise complex with lifts. Growth potential with 23 units outside let
Net Profit: $196,000
Asking Price: $1,340,000
(inclusive of managers real estate)
For further information contact the Management Rights Broker: Phil Trimble
Revenue:
Year Established:
No.of Employees:-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
$1,340,000
