Pacific Pines, QLD 4211

Region: QLD - Gold Coast

Sale Type: Management Rights - Permanent

Sold

$2,638,000

Profit: $360,000

GOLD COAST PERMANENT LETTING GATED COMPLEX WITH HIGH NET PROFIT FOR SALE!!

As appointed Brokers, we are pleased to offer the Management Rights and associated Manager’s Real Estate of the Pacific Pines Central complex for sale.

The gated complex consists of 112 homes, all being 3 bedroom and over a combination of building types.

Common facilities include a beautiful swimming pool with entertaining gazebos, BBQ facilities, fully equipped gymnasium, tennis court, and over 82 visitor car parking spaces.

The permanent rental business enjoys full occupancy all year as it is near schools, shopping centres, and bus stops at the gate.

The current owners have operated this business for over 7 years and it is now time for retirement.
The property offers new owners a very solid income and there is still room to improve the bottom line.

The Manager’s residence is a free standing 4 bedroom. 2 bathroom home with private back yard and double garage and workshop.
There are no hours in the agreements, and the office is only open by appointment.

The complex offers a very high Body Corporate Salary and would suit a syndicate or family purchase.

Inspect this outstanding property quickly.

Details

  • Listing ID: R2-1865163
  • Property Type: Management Rights
  • Sale Type: Permanent
  • Region: QLD - Gold Coast
  • Suburb: Pacific Pines, QLD 4211

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