Mudgeeraba, Queensland

GOLD COAST PERMANENT MANAGEMENT RIGHTS - PEACEFUL BUSHLAND SETTING

$1,556,751

Business Description

We are pleased to offer this fantastic permanent management rights complex and excellent managers residence located in the leafy Gold Coast suburb of Mudgeeraba.

There are a total of 66 lots in the complex. The complex is gated has a lovely pool, gym, sauna and function room for residents to enjoy.

A very nice, two level 3-bedroom townhouse, featuring 2 ½ bathrooms and separate laundry, open plan living with timber floors, air-conditioning great views and space for 4 cars.

With a generous salary this is a great opportunity for buyers new to the industry to purchase a great home with good income and no set office hours. The complex is located in a peaceful bushland setting overlooking the Gold Coast and is a short drive to great schools, beaches and shopping.

- Good BC Salary $129,940

- Large home

- Beautiful quiet location but close to great schools, beach and shopping

- Elevated position with great views

Call now for further information and to arrange an inspection.

Property Code: 1300

Business Summary

Business Snapshot

Price: $1,556,751 Net Profit: $137,898 Remuneration / Body Corp Salary: $129,940Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $950,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

A lovely, two level 3-bedroom, 2.5 -bathroom townhouse. Open plan living which opens onto a private entertaining area with great views. Air-conditioning, timber floors in living area, parking for 4 cars including a 2-car garage with and large office attached to the residence. Great exclusive use storage areas.

Complex Information

Complex Type: PermanentTotal Units in Complex: 66Total Units in Letting Pool: 6Owner Occupy Units: 54Outside Agent Units: 6Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: YesWIFI: YesFunction Facilities: Yes

Marketing Agent

Scott Saunders

Premier Business Sales

Key Investment Insights

1. Permanent management rights complex with 66 lots in a gated community.
2. Complex features a pool, gym, sauna, and function room for residents.
3. Two-level, 3-bedroom townhouse with 2 ½ bathrooms, open plan living, and 4 car spaces.
4. Generous salary and no set office hours make this a great opportunity for new buyers.
5. Located in a peaceful bushland setting with views of the Gold Coast.
6. Short drive to great schools, beaches, and shopping.
7. BC Salary of $129,940.
8. Large and beautiful home in a quiet location.
9. Elevated position with great views.
10. Managers unit valued at $950,000.
11. Complex type is permanent with 6 units in the letting pool and 54 owner-occupied units.
12. Accommodation agreement module with 21 years remaining.
13. Complex amenities include a pool, spa, sauna, gym, BBQ area, WIFI, and function facilities.

Management Rights Multiplier: 4.40
ROI Estimate: 22.73%