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Management Rights For Sale - 1 large
Management Rights For Sale - 1 large
Management Rights For Sale - 1 large

Biggera Waters, Queensland

HUGE POTENTIAL

SOLD

Business Description

Picturesque waterfront holiday resort showing great returns and huge potential for growth.

Excellent facilities to attract longer stay guests.

Accommodation module and Gallery Vie compliant.

3 bedroom, 2 bathroom manager’s apartment with courtyards. Office on title.

You can bring the boat and the pooch.

Do the sums, it’s priced to Sell!

Business Summary

Business Snapshot

Price: SOLD Net Profit: $223,348 Remuneration / Body Corp Salary: $88,976Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $430,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Waterfront 3 Storey Walk up, Front and rear couryards

Complex Information

Complex Type: MixedStar Rating: 3Total Units in Complex: 65Total Units in Letting Pool: 29Owner Occupy Units: 27Outside Agent Units: 5Lockup Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 15 yearsPool: YesSpa: YesTennis Court: YesBBQ Area: YesPay TV: YesWIFI: YesMarina Berth: Yes

Other Features / Notes

Waterfront Resort, Boat Access
Marketing Agent
Rhonda Perkins
Rhonda Perkins

Rhonda Perkins
Rhonda Perkins

Property Bridge

Property Bridge

Key Investment Insights

1. Picturesque waterfront location with great potential for growth.
2. Excellent facilities to attract longer stay guests.
3. Accommodation module and Gallery Vie compliant.
4. Spacious 3 bedroom, 2 bathroom manager's apartment with courtyards.
5. Office on title.
6. Pet-friendly complex.
7. Priced to sell with a strong net profit.

Management Rights Multiplier: 4.70
ROI Estimate: 21.27%

Listing location
Gallery
Management Rights For Sale - 1 small
Management Rights For Sale - 1 small
Management Rights For Sale - 1 small

This Business is sold

Listing Tools

Last update: 29th October 2020

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