Wynnum West, Queensland
Great Management Rights Business and Beautiful Bayside Lifestyle
SOLD
Business Description
- Net Income $170,100, Asking for $1,347,000 in total
- Ideally located in the Leafy, Bayside suburb of Wynnum West
Within strolling distance to beach, parklands, walking paths, boat jetty and the stunning bay
The golf course, shopping centres, medical centres, restaurants, cafes, childcare and schools are just a few minutes away
Wynnum West is ideally located approximately 15km to Brisbane CBD and Brisbane Airport, within 1 hour to Surfers Paradise Gold Coast
- Well- presented complex provides the perfect environment to relax in
- Very well run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 22+ years left on a 25 years accommodation module
- A great manager remuneration $92K with annual adjustment of CPI or 3%, which is greater
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence
Freestanding Lowset house, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, one separate toilet, double garage and a large rear patio and entertaining backyard area
- Large on-title office, no office hour
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
This is a rare opportunity to purchase such a beautiful lifestyle permanent management right! Come and take a look we are sure you will be impressed!
Business Summary
Key Investment Insights
Key Insights:
1. Ideal location in the leafy, bayside suburb of Wynnum West, within walking distance to the beach and other amenities.
2. Well-presented complex with a relaxing environment.
3. Well-run business with documented procedures.
4. Supportive and fantastic Body Corporate.
5. Long agreement with 22+ years remaining.
6. Great manager remuneration with annual adjustments.
7. Low turnover of tenants, minimizing inspections and paperwork.
8. Modern and spacious manager residence with a large backyard.
9. Large on-title office with no office hours.
10. Suitable for a family or semi-retired couple looking for a solid income and great lifestyle.
11. Rare opportunity to purchase a beautiful lifestyle permanent management right.
