Sippy Downs, Queensland

Sippy Downs - Permanent - Sold & Settled - ID 8835

SOLD

Business Description

Sunshine Coast Management Rights For Sale
Low Maintenance Property with Consistent Income

- Permanent Management Rights complex
- Boutique collection of 84 townhouses and apartments
- 47 permanent lots in the letting pool (incl. 1 NRAS)
- Architecturally designed with two bedrooms (1 or 2 bathrooms) with balconies or patios
- 100% occupancy rate
- Consistent income
- Onsite pool and BBQ area
- 3 bedroom, 2 bathroom manager's residence with double garage and plenty of storage
- No requirement to live onsite
- Attached office on title with toilet and kitchenette
- Ideal business for a couple

Located in the heart of the Sunshine Coast, only steps to shops, parks and restaurants. Minimum caretaking required with existing management tending to the pool and BBQ. Potential to increase income by leasing out the manager's residence. Close to University and some of the best private and public schools the coast has to offer.

Net Profit: $177,600
Asking Price: $1,290,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Mark McKay

Property Code: 523

Business Summary

Managers Unit

Complex Information

Marketing Agent

Key Investment Insights

Key Insights:

1. Permanent Management Rights complex with consistent income and 100% occupancy rate.
2. Boutique collection of 84 townhouses and apartments, with 47 permanent lots in the letting pool.
3. Architecturally designed two-bedroom units with balconies or patios.
4. Low maintenance property with minimal caretaking required.
5. Onsite pool and BBQ area for residents.
6. Manager's residence is a spacious 3 bedroom, 2 bathroom unit with double garage and plenty of storage.
7. No requirement to live onsite, providing flexibility for managers.
8. Attached office on title with toilet and kitchenette.
9. Ideal business for a couple to manage.
10. Located in the heart of the Sunshine Coast, close to shops, parks, restaurants, and top schools.
11. Potential to increase income by leasing out the manager's residence.
12. Net profit of $177,600 and asking price of $1,290,000 (inclusive of manager's real estate).
13. Contact Mark McKay, Management Rights Broker, for further information or to arrange an inspection.
Listing location

This Business is sold

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