Mudjimba, Queensland

Under Contract - ID 9084

Under Contract / Offer

Business Description

UNDER CONTRACT

Sunshine Coast Management Rights For Sale
Beachside Suburb

Do you enjoy gardening and the outdoors, with limited time required in the office? Then this could be the management complex for you.

- Gated townhouse & villa estate

- Strong body corporate salary $202,166

- No office hours in agreement

- Accommodation Module agreements with 22 years remaining

- 122 townhouses in complex with 30 in the permanent letting pool

- Opportunity to grow permanent letting pool

- Walk to shops and nearby beachfront

- Spacious 2 bedroom managers residence with option to add 3rd bedroom

- Large reception and offices

Close to all that the Sunshine Coast has to offer, beautiful beaches, golf course, shopping and the Airport only 10 minutes away.

First time offered from the developer since construction.

Net Profit: $237,095
Asking Price: $1,699,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Sunshine Coast Management Rights opportunity contact:

Management Rights Broker
Richard O'Connell

Property Code: 557

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $237,095 Remuneration / Body Corp Salary: $202,166

Managers Unit

Value of Managers Apartment: $545,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On Title
2 bedroom townhouse, 2 bathrooms, open plan living entertaining space with BBQ area, storage, two allocated parking spaces, pet permitted, recepton is located at the front of the property with direct access to the owner's residence for ease of operation.

Complex Information

Complex Type: PermanentTotal Units in Complex: 122Total Units in Letting Pool: 30Owner Occupy Units: 76Outside Agent Units: 15Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesTennis Court: YesBBQ Area: YesPay TV: YesWIFI: Yes
Marketing Agent
Richard O'Connell
Richard O'Connell

Key Investment Insights

1. Gated townhouse and villa estate, providing a secure and private living environment for residents.

2. Strong body corporate salary of $202,166, providing a stable income for the managers.

3. No office hours in the agreement, allowing for a flexible lifestyle.

4. Accommodation module agreements with 22 years remaining, providing long-term security for the managers.

5. Opportunity to grow the permanent letting pool, increasing potential income.

6. Walking distance to shops and nearby beachfront, providing convenience for residents.

7. Spacious 2 bedroom managers residence with the option to add a 3rd bedroom, providing comfortable living for the managers.

8. Large reception and offices, providing a professional and efficient workspace for the managers.

9. Close proximity to all that the Sunshine Coast has to offer, including beautiful beaches, golf courses, shopping, and the airport.

10. First time offered from the developer since construction, providing a rare opportunity to acquire this management rights business.

Management Rights Multiplier: 4.87
ROI Estimate: 20.55%

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