Mackay, Queensland

Business only permanent management rights with a prime city fringe location. | Resort Brokers ID : MRB006634

$685,000

Property Description

Rivage Apartments is located in a high demand local living address and is a beautifully appointed complex. This is the first time this business has been presented to market. The complex has a good reputation and is centrally located in the city next to the shopping Centre on the river.



  • High Occupancy

  • High demand living address

  • River front location

  • Large net profit

  • Experienced staff to assist with transition

  • No real estate to purchase

  • Property inspections are by appointment only

Date updated: 02 Jun 2021 13:00:06

Property Summary

Business Snapshot

Price: $685,000 Net Profit: $182,281 Remuneration / Body Corp Salary: $74,521

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 57Total Units in Letting Pool: 45Holiday Units: 45Owner Occupy Units: 15Outside Agent Units: 7Agreement Term Remaining: 23 years
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