Clear Island Waters, Queensland

Stake Your Claim!!

$1,030,000

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: $1,030,000 Net Profit: $88,000 Remuneration / Body Corp Salary: $77,000

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. The business is a gated boutique complex in a central location in the heart of Clear Island Waters.
2. The complex is highly sought after with low body corporate fees.
3. The complex facilities include a resort-style pool and an entertaining BBQ area.
4. The complex is in close proximity to a variety of amenities, including schools, public transport, shopping centers, and sports grounds.
5. The complex is family-oriented and quiet, making it an attractive option for potential buyers.
6. The business has no set hours and the owner is able to appoint a nominee.
7. The manager's townhouse is spacious and comfortable with a private courtyard and attached office.
8. The complex has a total of 41 units, with 7 units in the letting pool.
9. The agreement module is standard with a remaining term of 9 years.
10. The complex is pet-friendly.
11. The manager's apartment has a value of $750,000.
12. The business has a net profit of $88,000 and a remuneration/body corporate salary of $77,000.
13. The business is in a prime location, only minutes away from the beach.
14. Complexes like this are rarely available, making it a highly desirable investment opportunity.
15. Potential for growth and increased profits through marketing and advertising strategies.

Management Rights Multiplier: 3.18
ROI Estimate: 31.43%