Coomera, Queensland

Caretaking Bolt-On!! No Fixed Hours!! Long Term Agreements!!

SOLD

Business Description

Caretaking Bolt-On!! No Fixed Hours!! Long Term Agreements!!

Permanent Management Rights complex that is convenient and has easy access to the Theme Parks, main highway to both Brisbane and Coolangatta - not to mention the largest shopping centre in SE Queensland partially completed and approximately 5 minutes away!!!

All this in close proximity to this serene and tranquil permanent complex comprising 16 townhouses - a manager's dream. Simply relax at the pool or enjoy a BBQ in your own back yard.

The manager's apartment comprises: main bedroom, two other bedrooms serviced by two way bathroom and separate toilet, renovated open plan kitchen with stone benchtops, dining and lounge area, all air-conditioned and with ceiling fans, under cover patio with private enclosed courtyard and a lock up garage. Solar panels and currently tenanted for $350-$370pw with low BC fees.

To arrange an inspection call: Gavin - ---------- or email: ----------

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: SOLD Net Profit: $43,800 Remuneration / Body Corp Salary: $44,100

Managers Unit

Value of Managers Apartment: $330,000Office: On Title
The manager's apartment comprises: main bedroom, two other bedrooms serviced by two way bathroom and separate toilet, renovated open plan kitchen with stone benchtops, dining and lounge area, all air-conditioned and with ceiling fans, under cover patio with private enclosed courtyard and a lock up garage. Solar panels and currently tenanted for $350-$370pw with low BC fees.

Complex Information

Complex Type: PermanentTotal Units in Complex: 16Total Units in Letting Pool: 3Owner Occupy Units: 4Outside Agent Units: 8Indoor Pool: Yes
Marketing Agent
Gavern Property
Gavern Property

Gavern Property - Management Rights

Gavern Property - Management Rights

Key Investment Insights

1. Convenient location with easy access to Theme Parks, main highway and shopping centre.

2. Tranquil and serene complex with 16 townhouses.

3. Manager's apartment with modern renovations and potential for rental income.

4. Solar panels for energy efficiency.

5. Low body corporate fees.

6. Permanent complex with long-term agreements in place.

7. Opportunity for a relaxed and enjoyable lifestyle with no fixed hours.

8. Potential for growth and increased income through outside agent units.

9. On-site office included in manager's apartment.

10. Proximity to popular tourist attractions and amenities.

Management Rights Multiplier: 3.08
ROI Estimate: 9.42%

Listing location
Gallery

This Business is sold

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