Runaway Bay, Queensland

Enviable Lifestyle with a Reliable Cashflow

SOLD

Business Description

Ideal for a semi retired couple or for a young family seeking a reliable second income stream, this stunning, waterfront, 3 bedroom villa with caretaker's salary is exactly what you are looking for!

Holiday every day with "east-to-water" views over your own pontoon and wide-water canal.

A superb location within Runaway Bay, a highly desirable family locale.

At Mornington Quays you will be surrounded by greenery and water aspects giving a feeling of privacy with tranquility.

Easy access to public transport, Runaway Bay and Harbour town shopping centres along with many restaurants, coffee shops and local schools, all within a short walk or drive.

Villa Features
* Master retreat with walk in robe, spacious ensuite with double vanity and shower
* Two extra generous sized bedrooms with built in robes
* Chef's kitchen with granite bench tops and an electric cooktop
* Spacious upstairs lounge with panoramic view of the wide canal water
* Three separate living spaces throughout the residence
* Decked and paved waterfront outdoor entertaining area including deck lounge, dining and occasional / reading nook
* Two split reverse cycle air conditioning units
* High ceilings, quality window fittings & large floor tiles
* Shared pontoon with power & water to accommodate a large boat
* Double lockup garage and adjacent visitors parking
* Downstairs powder room
* Body Corp Levies - $1,849* quarterly
* Council general rates - $977* bi-annually
* Council water and sewer rates - $415.18* quarterly

Complex Features
* Only 10 minutes to The Broadwater and only 20 minutes to the Seaway
* Marina Boardwalk
* Tennis court and cabana
* Pool
* Pet friendly complex

Management Rights business
* $88,988pa* (ex GST) current Caretaker salary
* No fixed hours; Do the caretaker's duties on your schedule
* Salary review annually - CPI mechanism every September
* Long term Caretaker agreement (expiry 28 September 2033)
* No letting pool however your discretion to develop onsite letting
* 35 villas / lots in complex
* Supportive committee with committee meetings historically only 3 times a year

This opportunity will not last. Contact the selling agent today!

*Approx.

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Business Summary

Complex Information

Marketing Agent
Craig Cornish
Craig Cornish

Ray White Commercial Gold Coast

Ray White Commercial Gold Coast

Key Investment Insights

1. Ideal for semi-retired couples or young families seeking a reliable second income stream.
2. Stunning waterfront location with "east-to-water" views and private pontoon.
3. Located in highly desirable family locale of Runaway Bay.
4. Surrounded by greenery and water aspects for privacy and tranquility.
5. Easy access to public transport, shopping centers, restaurants, coffee shops, and schools.
6. 3 bedroom villa with master retreat, spacious ensuite, and two generous sized bedrooms.
7. Chef's kitchen with granite bench tops and electric cooktop.
8. Multiple living spaces throughout the residence.
9. Decked and paved outdoor entertaining area with waterfront views.
10. Split reverse cycle air conditioning units, high ceilings, and quality window fittings.
11. Shared pontoon with power and water for large boat accommodation.
12. Double lockup garage and adjacent visitor parking.
13. Complex features include marina boardwalk, tennis court, cabana, pool, and pet friendly.
14. Management Rights business with current caretaker salary of $88,988pa.
15. No fixed hours for caretaker duties and annual salary review.
16. Long term caretaker agreement and potential for onsite letting.
17. Supportive committee with infrequent meetings.
18. 35 villas/lots in the complex.
19. Contact the selling agent for more information.
Listing location
Video
  • Floor Plan
  • This Business is sold

    Listing Tools

    Management Rights

    Receive new listing alerts

    Sign up
    Similar Management Rights For Sale

    You may also like

    Permanent Management Rights in Sought-After Complex – Strong Returns | Resort Brokers ID : MRB009010
    ResortBrokers
    Permanent Management Rights in Sought-After...

    MUDGEERABA

    $1,878,478

    Net Income: $311,413
    Managers Estate: $10,000 - Bed - Bath
    Letting Pool: 150
    Remuneration: $278,882

    Hopscotch to the Beach!!!
    Gavern Property - Management Rights
    Hopscotch to the Beach!!!

    BURLEIGH HEADS

    $1,820,000

    Net Income: $195,000
    Managers Estate: $1,000,000 3 Bed 2 Bath
    Letting Pool: 18
    Remuneration: $74,000

    MANAGEMENT RIGHTS FOR SALE SURFERS PARADISE - AWARD WINNING COMPLEX
    Premier Business Sales
    MANAGEMENT RIGHTS FOR SALE SURFERS PARADISE...

    SURFERS PARADISE

    $1,650,000

    Net Income: $205,000
    Managers Estate: $850,000 2 Bed 1 Bath
    Letting Pool: 65
    Remuneration: $118,000

    Flexible Mermaid Beach Management Rights - No Onsite Living Requirements
    Hotel Resort Sales
    Flexible Mermaid Beach Management Rights -...

    MERMAID BEACH

    $1,890,000

    Net Income: $240,245
    Managers Estate: $850,000 2 Bed 1 Bath
    Letting Pool: 47
    Remuneration: $125,034

    Permanent Management Rights Currumbin Waters - ID 9207
    MR Sales
    Permanent Management Rights Currumbin...

    CURRUMBIN WATERS

    $1,630,000

    Net Income: $201,948
    Managers Estate: $850,000 3 Bed 1 Bath
    Letting Pool: 70
    Remuneration: $141,366

    Seems Like a Hop, Hop, Skip, Skip and Jump to the Beach!!
    Gavern Property - Management Rights
    Seems Like a Hop, Hop, Skip, Skip and Jump...

    MIAMI

    $1,650,000

    Net Income: $180,400
    Managers Estate: $1,050,000 2 Bed 2 Bath
    Letting Pool: 9
    Remuneration: $125,000

    Waterview Terraces – Lifestyle, Profit & Fun!
    BUSINESS FOR SALE: FAR NORTH ESCAPES - PREMIER ADVENTURE TOUR OPERATOR IN FAR NORTH QUEENSLAND – 2822CF
    FREEHOLD GOING CONCERN - Lake Bolac Motel - 1P0565
    Brisbane Management Rights with Outstanding ROI
    Business Only, Close to Brisbane City - ID 9216
    An Outstanding Regional Investment - 355CPF
    Rare Opportunity to own Management Rights on beautiful Fraser Island
     Freehold Going Concern - Halls Gap Motel - Price Drop
    Permanent Management Rights in Sought-After Complex – Strong Returns | Resort Brokers ID : MRB009010
    ALMOST NEW ESTABLISHED MANAGEMENT RIGHTS IN ALGESTER
    Motel Business, Lifestyle, Income and Long-Term Security - 2882ML
    Getaway Tourist Park
    Uncle Joe's Wine Bar
    DOUBLE THE OPPORTUNITY - 2 INNER-MELBOURNE QUESTS, A STONE’S THROW FROM THE MCG | Resort Brokers ID : LH009012
    MULTI-AWARD WINNING UNDERGROUND MOTEL IN COOBER PEDY | Resort Brokers ID : LH008995
    THE BIG ONE YOU HAVE BEEN WAITING FOR, SO MUCH SCOPE - 2422ML
    Leasehold For Sale - The Steam Packet Hotel - Williamstown
    Rare Tasmanian Freehold Going Concern Holiday Park   | Resort Brokers ID : FH008984