Trinity Beach, Queensland

Business For Sale - Neat as a Pin! Home + Income - ID 9034 BL

$605,000

Property Description

North Queensland Management Rights
Less than the cost of a house!

- Mixed letting management rights complex
- 40 resort style apartments with 20 in the letting pool
- 15 holiday lets and 5 permanents
- Well maintained gardens, pool and BBQ area
- Short stroll to restaurants, bars and shopping
- Body Corporate remuneration $49,358 plus GST
- Large 3 bedroom manager's villa with attached office on title
- Expansive Tourist Sales Reception area
- Plenty of scope to increase income

Located in the heart of the Trinity Beach tourist hub, the complex has been well maintained and is regarded as one of the excellent accommodation complexes in the Trinity Beach area.
Great lifestyle on offer here. Call now to arrange your inspection.

Net Profit: $94,948
Asking Price: $605,000
(Inclusive of manager's real estate)

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

Listing Broker
Antonio Curulli

Property Summary

Business Snapshot

Price: $605,000 Net Profit: $94,948 Remuneration / Body Corp Salary: $49,358Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $295,000Bedrooms: 3Bathrooms: 1Car Spaces: 1Office: On Title
Large villa style apartment, 3 bedrooms, 1 bathroom, Single car space, Great alfresco area, Access to complex swimming pool, Quality finishes and modern kitchen appliances

Complex Information

Complex Type: MixedTotal Units in Complex: 40Total Units in Letting Pool: 20Holiday Units: 15Permanent Units: 5Owner Occupy Units: 14Outside Agent Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes
Marketing Agent
Antonio Curulli
Antonio Curulli

Listing location
Gallery

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