Manly West, Queensland

Business For Sale - Live the Bayside Lifestyle - ID 8957 BL

$1,160,000

Property Description

Management Rights For Sale
Family Friendly Home

- Permanent management rights
- Delightful complex in quiet neighbourhood
- 12 permanent rentals and good Body Corporate salary
- Fantastic 3 bed, 2 bath, single level, stand-alone home for the manager
- Attached office with separate entrance, could also be a 4th bedroom
- Well maintained grounds and gardens
- Onsite pool and not set hours in the agreements
- Close to great schools, shopping and Bunnings
- 5 minutes to Manly Harbour
- Easy access to the city when you need it

Great family home in family friendly location. Permanent complexes that can be run by a single operator do not come any better than this.
If you are finance ready, enquire now as this one will sell quickly.

Net Profit: $109,075
Asking Price: $1,160,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Brisbane Management Rights opportunity contact:

Exclusive Management Rights Brokers:

Peter Ross & Tony Johnson

Property Summary

Business Snapshot

Price: $1,160,000 Net Profit: $109,075 Remuneration / Body Corp Salary: $80,857Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $620,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On Title
Your new home is the only 3 bedroom, double garage, stand-alone home in the complex. It is well located within the complex with only one neighbour and backs onto the pool area (although being totally private from it). The residence includes a large well-equipped kitchen with stone benchtops, electric oven and cooktop, dishwasher, large pantry and space for a double fridge. The kitchen adjoins the large central living/dining area which opens onto your covered outdoor entertaining area that is also very private. The king sized, ensuited main bedroom is air-conditioned and is in a separate wing to the other bedrooms. The other two bedrooms are queen size with built ins, fans and a well-equipped bathroom with bathtub, shower, vanity and toilet. The office has internal access as well as its own private entrance and is large enough to become a 4th bedroom if needed. The double garage (the only one in the complex) has direct access and includes space for extra parking in front on the driveway if needed.This property will suit a growing family, a couple BUT you must be house proud as this is a quality property worthy of this great complex. PS – the neighbourhood is a very quiet and good quality area with many large stand-alone modern properties worth over $1M. With great schools at your doorstep and Manly Harbour only 5 mins by car, this is a fantastic location to lay your hat and enjoy life.

Complex Information

Complex Type: PermanentTotal Units in Complex: 59Total Units in Letting Pool: 12Permanent Units: 12Owner Occupy Units: 44Outside Agent Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 16 yearsPool: Yes
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