Runaway Bay, Queensland

Business For Sale - Permanent Complex in Family Friendly Neighbourhood - ID 9055 BL

$932,000

Property Description

Management Rights For Sale
Workload is suitable for a single operator.

- Easy living in this low set 3 bedroom home with attached office
- Low maintenance grounds and gardens easily handled by 1 person
- Rental pool of 11 with 10 external agents for growth if motivated
- Solid salary of $76,000
- Onsite salt water pool and hardstand tennis court
- Standard Module agreements with no set hours
- Good black and white agreements with plainly set out duties
- Centrally located close to schools, Harbourtown and other amenities
- Ideal for a first time operator orr downsizers looking to slow down

If you have been looking for a way to secure your future and pay off your mortgage then look no further.
Well maintained complex in central location close to shopping, schools and the M1.
Suitable for a single operator allowing your partner to sustain external work if necessary.
Plenty of upside for a handy person or motivated operator.

Net Profit: $89,146
Asking Price: $932,000
(Inclusive of manager's real estate)

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

Exclusive Management Rights Broker
Tony Johnson

Property Summary

Business Snapshot

Price: $932,000 Net Profit: $89,146 Remuneration / Body Corp Salary: $3,266

Managers Unit

Value of Managers Apartment: $580,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Single level, 3 bedroom, 2 bathroom. Main bedroom features ensuite. Open plan living / dining / kitchen area, central courtyard, single lock up garage, and single carport. Attached to office.

Complex Information

Complex Type: PermanentTotal Units in Complex: 59Total Units in Letting Pool: 11Permanent Units: 11Owner Occupy Units: 37Outside Agent Units: 10Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 6 yearsPool: YesTennis Court: Yes
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