Coombabah, Queensland

A serene and peaceful Management Rights in Coombabah | Resort Brokers ID : MR008518

$1,100,000

Business Description

Just minutes from Harbour Town shopping precinct and the Broadwater, Sussex Park is ideal for first-timers or semi-retirees.

With low-maintenance duties, this investment brings 23 years remaining of the accommodation module, aiding your long-term investment.

The complex features 22 owner occupiers ensuring a reliable income stream.

The manager's residence, a spacious 4-bedroom, 2-bathroom home with exclusive garage and storage use, adds to the appeal.

Don't miss this unique blend of business and lifestyle in the management rights industry.

- Secure and tranquil complex nestled in the heart of Coombabah
- Perfect opportunity for first-time investors or semi-retirees
- Minimal maintenance is required for lawn, garden, and pool
- Long-term investment with a 23-year accommodation module
- Exceptional manager's residence featuring four bedrooms, two-bathrooms, and two car spaces
- Exclusive use of additional garage and storage for the manager
- Inspections are by appointment only
Date updated: 05 Dec 2024 22:00:02

Business Summary

Business Snapshot

Price: $1,100,000 Net Profit: $56,088 Remuneration / Body Corp Salary: $55,000

Managers Unit

Value of Managers Apartment: $950,000Bedrooms: 4Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 23Owner Occupy Units: 22Agreement Term Remaining: 15 years
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