Nerang, Queensland

Large Nett Income, Huge BC Salary, Permanent Management Rights in Central Gold Coast

SOLD

Business Description

Asking $4,968,000 ONO in total!
1). Fantastic community as one of the largest permanent townhouses management rights in Central Gold Coast
2). Great location in a rapidly growing population suburb of Gold Coast, close to M1, easy to travel to Brisbane. Being only a short drive or walk to shops, restaurants and schools
3). Total Net Income $590K, verified by industry specialist accountant
4). Small letting pool, safe also there is great upside potential
5). Strong Remuneration $400K+, with annual growth of CPI
6). Long agreements 20 years+ on accommodation module
7). Manager Lot, valuated by industry specialist valuer in Sept 2022
8). Current staff will stay, subject to prospective buyer's plan
9). Optionally a silent partner may be considered

If you want to buy a big and solid income and lifestyle business, it ticks all your boxes, please contact David Jiang for private inspection*
*Inspection only will be introduced to pre-qualified buyer (serious and financially qualified)

Business Summary

Managers Unit

Complex Information

Marketing Agent
David Jiang
David Jiang

Next Business & Property Sales

Next Business & Property Sales

Key Investment Insights

10). The business is located in a highly desirable area with a strong sense of community, making it an attractive investment for potential buyers.

11). The location is conveniently situated near major highways, making it easily accessible for both residents and visitors.

12). The total net income of $590K has been verified by an industry specialist accountant, providing assurance for potential buyers.

13). With a small letting pool, there is great potential for growth and increased income for the business.

14). The strong remuneration of $400K+ with annual growth of CPI provides a stable and lucrative income for the manager.

15). The long agreements of 20 years+ on the accommodation module provide security and stability for the business.

16). The manager's lot has been valuated by an industry specialist valuer in September 2022, ensuring a fair and accurate price for the property.

17). The current staff are willing to stay on, subject to the prospective buyer's plan, providing continuity and stability for the business.

18). The option for a silent partner may be considered, providing potential for shared ownership and reduced workload for the manager.

19). Private inspections will only be available to pre-qualified buyers who are serious and financially qualified.

20). The manager's unit is a desirable feature of the business, providing a comfortable and convenient living space for the manager.

21). The complex has a range of amenities and features, making it an attractive option for potential residents.

22). The complex is managed by a permanent management rights agreement, providing stability and consistency for residents.

23). The complex is located in a rapidly growing population suburb, ensuring a steady stream of potential residents for the business.

24). The complex is situated close to shops, restaurants, and schools, providing convenience and accessibility for residents
Listing location
Gallery

This Business is sold

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