Benowa, Queensland

Excellent Permanent Management Rights in Benowa! | Resort Brokers ID : MR006789

$1,075,000

Property Description

This permanent Management Rights boasts a stand alone 4 bedroom managers residence with lock up garage, double car port, large enclosed courtyard and more! With $113K net profit and at a 4.4 multiplier, this is a very solid offering in very uncertain times.



  • Walk across the road to Benowa State School

  • Experienced vendors to assist with handover

  • Easily run by one person

  • Supportive BC Committee

  • Secure and constant performer

  • Long 19 year agreements

  • Property inspections are by appointment only

Date updated: 29 Jul 2021 13:00:07

Property Summary

Business Snapshot

Price: $1,075,000 Net Profit: $113,190 Remuneration / Body Corp Salary: $75,767

Managers Unit

Value of Managers Apartment: $575,000Bedrooms: 4Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 36Total Units in Letting Pool: 20Holiday Units: 20Owner Occupy Units: 15Outside Agent Units: 1Agreement Term Remaining: 19 years
Marketing Agent
Steve Campbell
Steve Campbell

Listing location
Gallery

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