Sippy Downs, Queensland
Sunshine Coast Permanent - ID 8835
Under Contract / Offer
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
Key Investment Insights
Key Insights:
1. Permanent Management Rights complex with a boutique collection of 84 townhouses and apartments.
2. 47 permanent lots in the letting pool, including 1 NRAS property.
3. Architecturally designed two bedroom units with balconies or patios.
4. Consistent income with 100% occupancy rate.
5. Onsite pool and BBQ area for residents.
6. Manager's residence is a spacious 3 bedroom, 2 bathroom with double garage and storage.
7. No requirement to live onsite.
8. Attached office on title with toilet and kitchenette.
9. Ideal business for a couple.
10. Located in the heart of the Sunshine Coast, close to shops, parks, and restaurants.
11. Minimum caretaking required with existing management tending to pool and BBQ.
12. Potential to increase income by leasing out the manager's residence.
13. Close to University and top private and public schools in the area.
14. Net profit of $177,600.
15. Asking price of $1,290,000, inclusive of manager's real estate.
