Carrara, Queensland
Caretaking and Letting!!
$410,000
Business Description
Caretaking and Letting!!
This dated complex is situated in close proximity to excellent Public and Private Schools, Restaurants, Nerang and Robina shopping precincts, main access routes to both Coolangatta and Brisbane, whilst also being close to Nerang rail station and a bus stop at the entrance.
On offer – a great salary comprising 83% of the net income, no office hours, no need to live onsite, long-term agreements, and an opportunity to review the untapped potential.
To arrange an inspection please call: Gavin
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Business Summary
Business Snapshot
Price: $410,000
Net Profit: $91,000 Remuneration / Body Corp Salary: $76,300
Complex Information
Complex Type: PermanentTotal Units in Complex: 39Total Units in Letting Pool: 12Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 17 yearsPool: YesSpa: YesTennis Court: Yes
Key Investment Insights
1. The complex is located in a desirable area, close to schools, shopping, and transportation options.
2. The business offers a great salary, comprising 83% of the net income.
3. There are no office hours required for this business.
4. The complex has long-term agreements in place.
5. There is potential for growth and untapped potential within the business.
6. The business is currently managed by Gavin, who can be contacted for inspections.
7. The information provided is believed to be accurate, but prospective buyers should conduct their own due diligence.
8. The price for the business is $410,000.
9. The net profit for the business is $91,000.
10. The remuneration/body corp salary is $76,300.
11. The complex is a permanent type with a total of 39 units.
12. There are currently 12 units in the letting pool.
13. The agreement module is Accommodation, with a term of 25 years.
14. There are 17 years remaining on the agreement term.
15. The complex has amenities such as a pool, spa, and tennis court.
