Robina, Queensland

Business For Sale - Rarely Available Permanent / Student Accommodation - ID 8576 BL

$3,685,000

Property Description

- Management Rights For Sale
- Positioned close to Bond University & Varsity Lakes CBD
- This location is hard to beat
- High demand rental area is complimented by this resort style complex
- Facilities include gated security, pools, spas, BBQ and gym
- Minimal vacancies
- Long agreement
- Body Corporate salary of $152,727
- 3 bedroom manager's villa with 2 bathrooms and 2 car garage
- Good sized office attached and on title

Net Profit: $500,000
Asking Price: $3,685,000
(Inclusive of manager's real estate)

For further information or to arrange and inspection of this Gold Coast management rights business for sale contact:

Listing Brokers
Amanda Rowe & Lyn Pearsall

Property Summary

Business Snapshot

Price: $3,685,000 Net Profit: $500,000 Remuneration / Body Corp Salary: $152,727Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $595,000Bedrooms: 3Bathrooms: 2Car Spaces: 2
Air conditioned villa, 3 bedrooms, 2.5 bathrooms, Private courtyard and double lock up garage

Complex Information

Complex Type: Student AccommodationTotal Units in Complex: 122Total Units in Letting Pool: 64Permanent Units: 64Owner Occupy Units: 41Outside Agent Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSauna: YesGym: Yes
Marketing Agent
Listing location
Gallery

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