Benowa, Queensland

Business For Sale - Easy to Manage Permanent Complex - ID 9059 BL

$1,080,000

Property Description

Management Rights For Sale
Renovated 3 Bedroom Residence

- Permanent management rights business
- Timeless Mediterranean style complex
- 30 townhouses with 9 in the letting pool
- Easy to manage, can be run by single operator
- Accommodation Module with 22 years remaining
- Resort style pool, sauna and gymnasium
- Ample exclusive use storage
- 3 bedroom residence also includes private courtyard and 3 car spaces
- Motivated vendor moving on to a new career path
- Good opportunity for anyone new to the industry

This complex boasts a superb location, opposite parklands and close to schools, shops and public transport. Only minutes to the beach in Surfers Paradise. The business can be run by one person and would suit anyone new to the management rights industry or a retired couple looking to keep active.

Net Profit: $77,653
Asking Price: $1,080,000

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Brokers:

Gerard Dixon & Phil Trimble

Property Summary

Business Snapshot

Price: $1,080,000 Net Profit: $77,653 Remuneration / Body Corp Salary: $57,482Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $770,000Bedrooms: 3Bathrooms: 2Car Spaces: 3Office: On Title
The manager’s residence consists of 3 bedrooms and 2 bathrooms with space for 3 cars. There is a rear enclosed courtyard off the living area. The entire unit has recently been renovated with the bathroom being a feature.

Complex Information

Complex Type: PermanentTotal Units in Complex: 30Total Units in Letting Pool: 9Permanent Units: 9Owner Occupy Units: 15Outside Agent Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 22 yearsPool: YesSauna: YesGym: Yes
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