ResortBrokers presents a highly desirable permanent letting management rights opportunity in Kangaroo Point delivering circa $198,000 net profit anchored by a $95,775 body corporate salary supported by 21 years remaining on agreements.
The caretaking duties are refreshingly straightforward with minimal building facilities to oversee - NO swimming pool, only a single BBQ. The absence of fixed office hours provides exceptional operational flexibility and the office under occupational authority ensures professional convenience.
Notably, there is no requirement to live onsite in the manager's (2 bed, 2 bath + study) unit, which is presently leased generating an additional annual income of circa $35,000 which is not factored into the overall net profit.
The opportunity to convert the 18 outside agent appointments back into the onsite letting pool presents clear upside for an incoming operator.
This impeccably maintained and modern apartment complex presents a solid business opportunity suited for seasoned industry professionals seeking to expand their portfolio or a first-time buyer seeking a secure, low-maintenance business.
Interested? Why not give Jessie Shi a call on 0422 935 428 or jessie@resortbrokers.com.au
