Gladstone, Queensland

Business For Sale - Gladstone Management Rights - Gateway to Nth Qld - ID 8667 BL

$589,000

Property Description

Management Rights For Sale
No Requirement to Live Onsite

- Easily operated and managed by one person
- 16 apartments in total with 11 in the letting pool
- All apartments are furnished and equipped alike
- The complex is immaculate and exceptionally well maintained
- Regular repeat business from corporate and holiday clients
- Office is attached and on title with separate entrance
- No set office hours
- No requirement to live onsite
- Rent out the manager's apartment and earn extra income
- Spacious, fully furnished 3 bedroom 2 bathroom residence

This is the only complex in Gladstone that offers this kind of holiday / corporate accommodation.

Net Profit: $70,958
Asking Price: $589,000
(Inclusive of manager's residence)

For further information or to arrange an inspection of this Gladstone Management Rights business for sale contact:

Management Rights Broker
Amanda Rowe

Property Summary

Business Snapshot

Price: $589,000 Remuneration / Body Corp Salary: $22,026Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $299,000Bedrooms: 3Bathrooms: 2Car Spaces: 2
Spacious residence, 3 bedrooms, 2 bathrooms, Powder room on lower level, Courtyard area, Air conditioning, Ceiling fans, Fully laundry, Sold fully furnished, Rainwater tank, Extra storage

Complex Information

Complex Type: HolidayTotal Units in Complex: 16Total Units in Letting Pool: 11Holiday Units: 11Owner Occupy Units: 2Outside Agent Units: 1Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 15 yearsAgreement Term Remaining: 13 yearsBBQ Area: YesWIFI: Yes
Marketing Agent
Listing location
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