Biggera Waters, Queensland
Long Term Owner Retiring and Keen to Move On
SOLD
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
Key Investment Insights
1. Long-term manager retiring after 18 years
2. Permanent townhouse complex in a great location
3. Suitable for new industry entrant or those looking to downsize
4. Easily run by one person, suitable for a 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 and private outdoor living area
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