Biggera Waters, Queensland

Long Term Owner Retiring and Keen to Move On

$850,000

Business Description

Very long-term manager is now retiring after 18 years and will consider all genuine offers.

Great opportunity for the purchaser to acquire this permanent townhouse complex in a great location close to schools, public transport, Harbourtown shopping and the Broadwater. The complex would suit someone new to the industry, or alternatively wishing to downsize. It can easily be run by one person, therefore being suitable for a couple where one wishes to work outside the business.

Accommodation module agreements expiring in 2042 with the bonus of no set office hours in the agreements. Good Body Corporate Salary of $75,429 + GST per annum. The workload is very manageable with facilities including swimming pool, full tennis court, and 2 storage sheds for the manager’s use.

Galleria designed managers townhouse features downstairs main bedroom with ensuite bathroom plus 2 large upstairs bedrooms. Very spacious open-plan living areas with high ceilings and airconditioning plus separate multi-purpose room. Immaculate presentation, separate laundry and lovely private outdoor living are also on offer.

If you are looking for a business offering stability of income, together with a very comfortable manager’s residence, and located in a very popular letting location, make sure you inspect this one.

Net Profit $88,896

Property Code: 1021

Business Summary

Managers Unit

Complex Information

Marketing Agent
Deborah Tilley
Deborah Tilley

Premier Business Sales

Premier Business Sales

Key Investment Insights

1. Long-term manager retiring after 18 years
2. Permanent townhouse complex in great location
3. Suitable for new industry entrant or downsizing manager
4. Easily run by one person, suitable for couple
5. Accommodation module agreements expiring in 2042
6. No set office hours in agreements
7. Good Body Corporate Salary of $75,429 + GST per annum
8. Manageable workload with facilities including swimming pool, tennis court, and storage sheds
9. Galleria designed managers townhouse with spacious living areas and high ceilings
10. Immaculate presentation, separate laundry, and private outdoor living
11. Stable income and comfortable manager's residence
12. Located in a popular letting location
13. Net Profit of $88,896
14. Property Code: 1021
Listing location

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