Cleveland, Queensland

Solid Income, Easy Caretaking and Stunning Lifestyle Permanent Rights in Cleveland

SOLD

Business Description

It's a seaside holiday every day in Cleveland, Cleveland has everything you'd want for a family holiday, in a location that is so convenient to the city, your family could live here all year round.
The residences get the best of both worlds being set in the heart of Cleveland centre, and with a waterfront view. You'll catch the occasional pod of dolphins and a beautiful sunset every night all from the comfort of your own balcony. There are weekly farmers markets a few streets away on Bloomfield Street and monthly Twiight Makers Markets right at our doorstep along the harbour. Raby Bay Harbour restaurants just a short stroll away, Cleveland CBD and train station is less than 5 minutes walk away.

- Central in Cleveland
- Total Nett $131,316, Asking for $630,000 on MLR business + Manager Residence on Valuation
- Fantastic Body Corporate salary of $109,690, with annual increase by 3% or CPI, which is greater
- Very well run complex and well established and steady business, all procedures documented
- There are the least facilities in complex, no pool, no gym, no BBQ, no lift, easy to manage
- Small letting pool to give you an undisturbed lifestyle
- Stunning complex very popular with long tenants
- 23 years long agreements on contracts
- Large and Modern manager residence comprises three bedrooms, two bathrooms, three car spaces and large storage
- No office, be contactable during normal hours
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle

This is a rare opportunity to purchase such a beautiful lifestyle and permanent management right! Come and take a look, we are sure you will be impressed!

Business Summary

Managers Unit

Complex Information

Marketing Agent
David Jiang
David Jiang

Next Business & Property Sales

Next Business & Property Sales

Key Investment Insights

- Located in the heart of Cleveland, a popular seaside holiday destination with convenient access to the city
- Spectacular waterfront views from the manager's residence balcony
- Weekly farmers markets and monthly Twilight Makers Markets nearby
- Short stroll to Raby Bay Harbour restaurants and Cleveland CBD and train station
- Total Nett income of $131,316 with a fantastic Body Corporate salary of $109,690
- Well-established and steady business with documented procedures
- Easy to manage complex with minimal facilities (no pool, gym, BBQ, or lift)
- Small letting pool for a more relaxed lifestyle
- Popular complex with long-term tenants
- 23-year long agreements on contracts
- Large and modern manager's residence with three bedrooms, two bathrooms, three car spaces, and large storage
- No office required, be contactable during normal hours
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
- Rare opportunity to purchase a beautiful lifestyle and permanent management right in Cleveland.
Listing location
Gallery

This Business is sold

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