Merrimac, Queensland
4 BEDROOM PERMANENT/good salary
SOLD
Business Description
Run by one person. Very easy to run. Located in popular rental area. This is a very secure MR. Very stable and a good one for a "first timer". No OFFICE HOURS Lovely setting, the Managers Townhouse is spacious and great outdoor area. The garage has been closed in for a 4th bedroom but can be converted back. A nice tidy income with a good BC salary. Will get top up back to 20 years!!!
Absolutely gorgeous setting and so quiet. Close to the M1 for easy access and close to Robina Shopping, restaurants, gyms literally everything, you have beautiful Mudgeeraba with their great restaurants, a 2 minute drive. Can live off site with a nominee in Townhouse. 15 years left on agreement (can get top up good BC salary just went up again to over 82K. Bring the dog :-)
Call Kerrie Lush ----------
Business Summary
Business Snapshot
Price: SOLD
Net Profit: $98,048 Remuneration / Body Corp Salary: $82,671
Managers Unit
Bedrooms: 3Bathrooms: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 46Total Units in Letting Pool: 9Outside Agent Units: 2Agreement Term: 25 yearsAgreement Term Remaining: 15 years
Key Investment Insights
1. Easy to run business with only one person needed to manage it.
2. Located in a popular rental area, ensuring a stable and consistent income.
3. The business is very secure and would be a good opportunity for a first-time buyer.
4. No office hours required, providing a good work-life balance.
5. The Manager's Townhouse is spacious and has a great outdoor area.
6. The garage has been converted into a 4th bedroom, but can easily be converted back.
7. The business has a good BC salary and will receive a top-up to 20 years.
8. The setting is gorgeous and quiet, providing a peaceful living environment.
9. The location is convenient, with easy access to the M1 and close to amenities such as shopping, restaurants, and gyms.
10. The agreement term is 25 years, with 15 years remaining, providing long-term stability.
11. The complex is of the permanent type, with a total of 46 units and 9 in the letting pool.
12. The Manager's Unit has 3 bedrooms and 2 bathrooms.
13. The Manager can choose to live off-site with a nominee in the Townhouse.
14. The complex allows for pets, providing flexibility for the Manager's living arrangements.
