Clear Island Waters, Queensland

Boutique Central Location!!

$1,055,000

Business Description

Boutique Central Location!!

A gated boutique complex in a central location in the heart of Clear Island Waters, close to a variety of amenities, and only minutes to the beach, A sought after complex with low body corporate fees. This complex facilities includes a resort style pool and an entertaining style BBQ area.

In close proximity to this complex are schools, public transport, shopping centers, sports grounds, gyms, medical centres and a golf course. Enjoy being in the heart of the action and still have the benefits of a quiet, family orientated boutique complex. Complexes like this are very tightly held and seldom become available.

NO SET HOURS!! ABLE TO APPOINT A NOMINEE!! LOW BODY CORPORATE FEES!!

A spacious and comfortable 3 bedroom manager's townhouse, laundry, spacious kitchen, large lounge area leading out to a private courtyard. An attached office on the ground level. One lockup garage and a secure parking bay. Images might not depict this complex.

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: $1,055,000 Net Profit: $88,000 Remuneration / Body Corp Salary: $70,000

Managers Unit

Value of Managers Apartment: $750,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 41Total Units in Letting Pool: 7Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesBBQ Area: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

1. Prime location in the heart of Clear Island Waters, close to a variety of amenities and only minutes from the beach.
2. Sought after complex with low body corporate fees and resort-style facilities including a pool and BBQ area.
3. Proximity to schools, public transport, shopping centers, sports grounds, gyms, medical centers, and a golf course.
4. Potential for flexible working hours and ability to appoint a nominee.
5. Spacious and comfortable 3-bedroom manager's townhouse with attached office and secure parking.
6. Attractive net profit and remuneration/body corp salary.
7. High value of manager's apartment and pet-friendly complex.
8. Permanent complex with a high number of units in the letting pool.
9. Standard agreement module with a remaining term of 9 years.
10. Additional amenities such as pool and BBQ area add value to the complex and attract potential tenants.

Management Rights Multiplier: 3.47
ROI Estimate: 28.85%