Manly West, Queensland

Business For Sale - Location! Location! - ID 8957 BL

$1,200,000

Property Description

- Brisbane Management Rights For Sale
- Large Manager's Residence
- Modern complex of 59 lots with a combination of lowset villas, duplexes and townhouses
- Beautifully presented with established landscaped gardens and wider street frontages
- Quiet, leafy and ideally positioned with easy access to transport, schools, shopping and medical centre
- Large manager's residence with chef's kitchen, open plan living and dining area, large outdoor undercover area, fenced and private courtyard and double garage
- Low maintenance resort style pool area
- 100% occupancy with constant waiting list
- Well equipped office adjoining manager's residence with no set hours
- A truly unique opportunity to secure one of Manly West's most popular complexes. Located just 5 minutes from the Manly foreshore and boat harbour, a fantastic work/lifestyle on offer.

Net Profit: $112,257
Asking Price: $1,200,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Tony Johnson

Property Summary

Business Snapshot

Price: $1,200,000 Remuneration / Body Corp Salary: $89,760Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 3Bathrooms: 2Office: Exclusive Use
3 bedrooms, 2 bathrooms, Large kitchen with stone benchtops, Air conditioned, Tiled living and dining area, Under cover entertainment area, Exclusive use storage shed and large office

Complex Information

Complex Type: PermanentTotal Units in Complex: 59Total Units in Letting Pool: 15Permanent Units: 15Owner Occupy Units: 40Outside Agent Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 17 yearsPool: Yes
Marketing Agent
Listing location
Gallery

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