Mermaid Waters, Queensland

Permanent Letting Close To The Beach - ID 7986

SOLD

Business Description

Management Rights For Sale
Magnificent 4 Bedroom Residence - One of The Best We've Seen

- Permanent management rights business

- Secure, gated community

- Resort style facilities

- Highway frontage

- 500m to the beach

- Close proximity to surf club, shops and restaurants

- Free standing, renovated manager's residence

- 4 bedrooms, 2.5 bathrooms

- Double lock up garage with space for 2 additional vehicles

- Office on title

A wonderful complex with resort style facilities, rarely found in a complex of permanent rentals. The manager's residence is one of the best we have seen offered in Gold Coast management rights, simply outstanding!

Permanent rentals, this close to the beach with a high net income make this a very special management rights business.

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

Management Rights Brokers
Phil Trimble & Gerard Dixon

Property Code: 805

Business Summary

Business Snapshot

Price: SOLD Net Profit: $293,000 Remuneration / Body Corp Salary: $200,567

Managers Unit

Value of Managers Apartment: $1,200,000Bedrooms: 4Bathrooms: 2Car Spaces: 4Office: On TitlePets OK: Yes

Magnificent 4 bedroom residence, 2.5 bathrooms, Ample bench space and views over the pool from the kitchen, Bathrooms have new fixtures, Double lock up garage and space for 2 additional small cars, Multiple outdoor areas, Office on title

Complex Information

Complex Type: PermanentTotal Units in Complex: 76Total Units in Letting Pool: 29Owner Occupy Units: 39Outside Agent Units: 7Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesSauna: YesGym: YesFunction Facilities: Yes

Marketing Agent

Phil Trimble

Gerard Dixon

MR Sales

Key Investment Insights

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A linked list is a data structure where each element, called a node, contains a value and a pointer to the next node in the list. Unlike arrays, linked lists do not have a fixed size and can easily add or remove elements without the need for expensive resizing operations. However, accessing elements in a linked list is slower than in an array, as it requires traversing through the list from the beginning.<|endoftext|>Fibonacci

The Fibonacci sequence is a mathematical sequence in which each number is the sum of the two preceding ones, starting from 0 and 1. The sequence goes as follows: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, etc.

The sequence was first described by Leonardo Fibonacci, an Italian mathematician, in the 13th century. He discovered the sequence while studying the growth of rabbit populations.

The sequence has many interesting mathematical properties and can be found in various natural phenomena, such as the branching of trees and the arrangement of seeds in a sunflower.

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Management Rights Multiplier: 5.63
ROI Estimate: 17.76%