Permanent Business Only - Absolute Beachfront with Strong Net Profit over $240k

Exceptional management rights opportunity located right on the stunning Scarborough waterfront. This impressive 131 apartment complex offers a high net income and a substantial body corporate salary. With no requirement to reside onsite, this is the ultimate investment for savvy managers and can easily be managed by one person.

Business Price: $1,250,000
Office Price: $100,000
Total Price: $1,350,000

  • Permanent business only – High net profit over $242k
  • No office hours – No unit to buy
  • Solid BC salary - $212,923 - Over 88% of total income
  • Modern apartments with a small letting pool to manage
  • Podium-level swimming pool with gardens and outdoor seating
  • Ground-floor office on title to purchase – $100k
  • Easily managed by one person
  • Perfect add-on for a local operator or newcomer to the industry
  • Beautiful bayside location close to cafes, restaurants, transport, and amenities
  • Inspections by appointment only
Jeff Keast

Interested? Why not give Jeff Keast a call on 0414 669 007 or