Lawnton, Queensland

Easy Care Complex in Lawnton - One Caretaker or Add On

$835,000

Property Description

• A rare opportunity for a clean and easy property management rights business just under $850,000
• NO facilities, very manageable caretaking, perfect for one operator, semi-retired or first time manager.
• Long term agreement, remaining 20 years, being topped up to 25 years.
• Solid, stable income with 85.5% of the net profit from the Body Corporate salary
• With huge potentials to pick up more lettings and property sales
• Easy access to all amenities. Walking distance to train station for easy commute to Brisbane or the new University of Sunshine Coast
• The current onsite manager is happy to stay to assist looking after the complex

Property Summary

Business Snapshot

Price: $835,000 Net Profit: $96,176 Remuneration / Body Corp Salary: $82,247Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $380,000Bedrooms: 3Bathrooms: 1Car Spaces: 1Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 54Total Units in Letting Pool: 11Permanent Units: 11Owner Occupy Units: 35Outside Agent Units: 6Agreement Module: StandardAgreement Term: 25 yearsAgreement Term Remaining: 20 years
Marketing Agent
Lily Liao
Lily Liao

Onsite Management Rights

Onsite Management Rights

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Business For Sale - Your Island Lifestyle Awaits - ID 8637 BL
MR Sales
Business For Sale - Your Island Lifestyle...

BONGAREE

$872,000

Net Income: $124,280
Managers Estate: $350,000 2 Bed 1 Bath
Letting Pool: 30
Remuneration: $58,707

Caretaking Only Management Rights
Synergy International Management Rights
Caretaking Only Management Rights

MURRUMBA DOWNS

Caretaking Only $865,000

Net Income: $88,921
Managers Estate: $425,000 3 Bed 2 Bath
Letting Pool: -
Remuneration: $88,921

1934ML - GREAT MOTEL LEASE WITH VENDOR FINANCE OPTION
LEASEHOLD SALE - Wattle Grove Motel, Maryborough VIC - 1P0128
Rare freehold opportunity in the Byron Hinterland with DA approvals in place! | Resort Brokers ID : FH007246
Beachfront business with growth galore, incredible residence and lifestyle  | Resort Brokers ID : MR007248
MOTEL WITH AWESOME VIEWS, TOWNSVILLE CITY
Melbourne Caretaking Only Opportunity at Two Modern Complexes | Resort Brokers ID : MRC007247
NEW FARM & KANGAROO POINT BUSINESS-ONLY MLR WITH $280K NET | Resort Brokers ID : MRB007240
Passive Investment opportunity with approved DA of 105 rooms, in prime location | Resort Brokers ID : INV007238
Ideal Add-On! Two Premium Caretaking Only Complexes in West Melbourne | Resort Brokers ID : MRC007245
Award winning Quest Franchise with long lease and solid performance | Resort Brokers ID : LH007181
consistent performing holiday business + lifestyle in prime coast location | Resort Brokers ID : MR007230
Business For Sale - Caretaking Only - Sunshine Coast - ID 9056 BL
Two Business Only Management Rights in the Inner Western Suburbs of Brisbane | Resort Brokers ID : MRB007237
THE BIGGEST AND BEST REGIONAL ACCOMMODATION PROPERTY AND CONVENTION CENTRE | Resort Brokers ID : FH007221
First time on the market, freehold caravan park | Resort Brokers ID : FH007201
Rare management rights opportunity-no office hours and minimal caretaking duties | Resort Brokers ID : MR007236
2047ML - A CRACKING MOTEL THAT CONTINUES TO GROW
1994MF - CONSISTENTLY PROFITABLE, EASY TO RUN FREEHOLD MOTEL