Contact Agent For Address, Ashmore, QLD 4214 | Commercial for sale | OnTheHouse
FOR SALE
$1,838,000

Contact Agent For Address
Ashmore QLD 4214

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23 YEAR TERM - NO REQUIREMENT TO RESIDE ONSITE

This central Gold Coast Management Rights business is the one to buy!
You now have the opportunity to secure this sound residential caretaking and letting operation with a generous Body Corporate salary of $109,000 (+ GST) p.a. increasing yearly by CPI. Furthermore, with the letting pool income representing approximately 50% of the $214,000 Net Profit the incoming manager is provided with a good balance of income streams.
With over 23 years remaining on current Management Agreements, this Management Rights business certainly ticks all the boxes and thus the expectation of a stable long-term business.
An opportunity also exists to increase the present onsite rental pool by securing a number of outside agents lets from within the complex.
Manager's 3-bedroom, 2-bathroom, 2-car townhouse has the onsite office attached and as stated there is no requirement to live onsite. Presently this property has a six-month lease for the sum of $800 per week plus water usage, providing flexibility to the incoming manager as to residency options going forward.
An extremely popular gated townhouse community boasting an excellent location and strong tenant demand. A short walk to TAFE, train station, shopping and parks. Located within the Benowa State High catchment area and a stone's throw from Bellevue Park State School.
It is time for this very satisfied long-standing owner to move on from this rock-solid business. Opportunity knocks. Enquire with me now.

Property Details for Contact Agent For Address, Ashmore

Building Type
Commercial
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About Ashmore 4214

The size of Ashmore is approximately 6.8 square kilometres. There are 27 parks, covering nearly 9.6% of the total area. The population of Ashmore in 2016 was 11910 people. By 2021 the population was 12415 showing a population growth of 4.2% in the area during that time. The predominant age group in Ashmore is 40-49 years. Households in Ashmore are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ashmore work in a professional occupation.In 2021, 69.80% of the homes in Ashmore were owner-occupied compared with 68.20% in 2016.

Ashmore has 5,583 properties. Over the last 5 years, Houses in Ashmore have seen a 76.67% increase in median value, while Units have seen a 94.99% increase. As at 31 August 2026:

  • The median value for Houses in Ashmore is $1,415,928 while the median value for Units is $760,154.
  • Houses have a median rent of $900 while Units have a median rent of $735.
There are currently 47 properties listed for sale, and 13 properties listed for rent in Ashmore on OnTheHouse. According to Cotality's data, 260 properties were sold in the past 12 months in Ashmore.

Suburb Insights for Ashmore 4214

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.