Merrimac, Queensland

$188,232 High Net Profit + 3-Bedroom Townhouse - ID 9017

$1,700,000

Business Description

Permanent Management Rights for Sale
$111,974 + GST Large Salary with Easy Duties

- Stable body corporate salary of $136,083 plus GST, forming a large percentage of the total income, with annual CPI increases.

- No set office hours—enjoy flexible arrangements, perfect for a semi-retirement lifestyle.

- Simple and manageable caretaking duties, leaving you ample time to pursue other jobs or earn additional income.

- Permanent rental pool with only 16 units and 1 lock-up; a very small percentage of the rental roll.

- High net profit of $188,232.

- Long-term agreement of 25 years, with 22 years remaining.

- Modern 2-level townhouse featuring 3 bedrooms, 2.5 bathrooms, a double garage, and air conditioning.

- Includes a large courtyard and two storage areas.

- Spacious, professional office on title with a separate entrance.

- Located in a beautiful and convenient area.

- Priced at $1,700,000, including a quality 3-bedroom manager's townhouse.

The perfect combination of a quality lifestyle and easy, high income.
Stop searching - your ideal opportunity is right here!

Net Profit: $188,232
Asking Price: $1,700,000
(Inclusive of Manager's Real Estate)

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

Management Rights Broker
Bill He

Property Code: 928

Business Summary

Business Snapshot

Price: $1,700,000 Remuneration / Body Corp Salary: $136,083

Managers Unit

Bedrooms: 3Bathrooms: 3Car Spaces: 2Office: On TitlePets OK: Yes

Two-level townhouse featuring 3 bedrooms, 2.5 bathrooms, a double garage, and air conditioning.

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesTennis Court: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

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Key Insights:
1. Stable body corporate salary with annual CPI increases.
2. Flexible arrangements with no set office hours.
3. Simple and manageable caretaking duties.
4. Small percentage of rental roll.
5. High net profit.
6. Long-term agreement with 22 years remaining.
7. Modern 3-bedroom townhouse included.
8. Spacious, professional office on title.
9. Convenient and beautiful location.
10. Priced at $1,700,000 including manager's real estate.