Merrimac, Queensland

Business For Sale - Contract Collapsed - ID 7964 BL

$800,000

Property Description

- Gold Coast Management Rights For Sale
- Central Gold Coast location
- 11 townhouses in the letting pool
- Average rents of $400 per week
- Close to Robina Town Centre and All Saints School
- Very good salary
- Pool, BBQ, CCTV, and kids playground
- Extra income available for handyman
- Pet friendly complex
- Well presented townhouse complex near M1 motorway with plenty of long tern tenants. 3 bedroom, 2.5 bathroom, air conditioned manager's residence with private courtyard, garage and extra car space.

Net Profit: $92,470
Asking Price: $800,000
(Inclusive of manager's real estate)

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

Listing Management Rights Broker
Warren Oliver

Property Summary

Business Snapshot

Price: $800,000 Net Profit: $92,470 Remuneration / Body Corp Salary: $73,782Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $425,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Pets OK: Yes
Well presented residence, 3 bedrooms, 2.5 bathrooms, Garage and extra car space, Private courtyard, Pet permitted

Complex Information

Complex Type: PermanentTotal Units in Complex: 46Total Units in Letting Pool: 11Permanent Units: 11Owner Occupy Units: 30Outside Agent Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 17 yearsPool: YesBBQ Area: Yes
Marketing Agent
Warren Oliver
Warren Oliver

MR Sales
MR Sales

MR Sales

Listing location
Gallery

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