$1,450,000

RAAS present the opportunity to acquire Management Rights in the heart of one of the Gold Coast's most popular holiday destinations.

The business has a Net Profit of $144,899 inclusive of a generous $136,506 caretaking remuneration, with solid upside potential for the pro-active manager. There is a strong demand for permanent waterfront rentals in Biggera Waters with low turnover and minimal vacancy rates, so don't miss your chance.

With a 2 Bedroom and separate office, no requirement to reside onsite and no fixed office hours, this permanent let management rights provides an incredible opportunity on the Iconic Southport Broadwater.
• Exclusive use of manager's office on title
• No requirement to own or reside on-site.
• 8 units in the permanent letting pool.
• Easily managed caretaking - low maintenance facilities
• 58 two- and three-bedroom apartments
• High-quality mid-rise building with minimal facilities