Clifton Beach, Queensland

Business For Sale - Sit Back & Relax! - ID 8988 BL

$730,000

Property Description

- North Queensland Management Rights For Sale
- Guaranteed Body Corporate salary of $51,000, annual net profit of $76.000 (projected)
- Only 3 out of 24 villas in the holiday letting pool, great scope to improve - 3rd unit recently added
- Mature and easily maintained gardens
- Stylish 4 bedroom manager's residence
- 2 separate office areas on title
- Supportive committee and owners
- 18 years remaining on agreements, with scope to top up to 25 years at next Body Corporate meeting
- Resort style pool and BBQ area
- Low time commitment of 15-20 hours per week, no set hours required
- 15 minutes for all shopping, medical services and International Airport

Ideal for a semi retired couple wishing to escape the cold southern states, and wishing to work 2-3 hours each day, or a young family wishing to add a second income and enjoy raising their family in a wonderful paradise environment.

The location is perfect, the residence large and accommodative. The complex is abundant in quality facilities and the community is friendly and relaxed.

Net Profit: $76,000 (Projected)
Asking Price: $730,000
(Inclusive of manager's real estate)

Property Summary

Business Snapshot

Price: $730,000 Net Profit: $76,000 Remuneration / Body Corp Salary: $50,144Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $510,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Large 4 bedroom residence, 2 bathrooms, Ocean views, Double garage, Quality finishes, Stone benchtops, Well maintained private garden, Additional 2 room separate office on title

Complex Information

Complex Type: MixedTotal Units in Complex: 24Total Units in Letting Pool: 3Holiday Units: 1Permanent Units: 2Owner Occupy Units: 14Outside Agent Units: 5Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 18 yearsPool: YesBBQ Area: Yes
Marketing Agent
Antonio Curulli
Antonio Curulli

Listing location
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