Biggera Waters, Queensland

Business For Sale - Permanent Villa & Townhouse Complex - ID 8330 BL

$940,000

Property Description

Management Rights For Sale
Easy to Manage - No Requirement to Live Onsite

- 46 lot townhouse and villa complex located in Biggera Waters
- 17 units in the letting pool
- Facilities include a swimming pool and shared tennis court
- Body Corporate remuneration of $75,000 + GST
- Standard Module with 10 years on agreements
- Current manager has been in place for 7 years
- 4 bedroom, 2 bathroom manager's residence
- Office attached and on title
- No set office hours
- No requirement to live onsite
- A pet is permitted with Body Corporate approval

This Management Rights business enjoys a convenient location in Biggera Waters. Coombabah State School is just across the road with the Harbourtown shopping and dining precinct, Runaway Bay and the Broadwater all a short drive away.

Net Profit: $99,580
Asking Price: $940,000
(Inclusive of manager's real estate)

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

Exclusive Management Rights Broker
Phil Trimble

Property Summary

Business Snapshot

Price: $940,000 Net Profit: $99,580 Remuneration / Body Corp Salary: $75,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $520,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On Title
Four bedroom townhouse, Currently rented out as there is no requirement to live onsite, 2 bathrooms, Ceiling fans, Air conditioning, Office attached and on title

Complex Information

Complex Type: PermanentTotal Units in Complex: 46Total Units in Letting Pool: 17Permanent Units: 17Owner Occupy Units: 26Outside Agent Units: 4Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesTennis Court: Yes
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