Key Investment Insights
AI generated. Confirm details with the seller.
1. The business is sold and settled for the price of $600,000.
2. The net profit for the management rights business is $134,941, with an additional average of $114,290 per annum in sales commissions over the last 3 years.
3. There are no managers' real estate properties included in the sale.
4. The location offers a fabulous lifestyle in Yeppoon, with views of the central CBD and Great Keppel Island on the southern Great Barrier Reef.
5. The body corporate salaries for both complexes total $64,312 per annum, with a potential for increase if approved.
6. The business offers flexible arrangements and no set office hours, with contact only by phone.
7. The rental pool consists of 14 luxury apartments.
8. The agreements are long-term, with 25 years remaining on a 21-year agreement.
9. The business offers a perfect combination of lifestyle and strong income streams.
10. The net profit for the management rights business is $134,941, with additional residential sales commission income available to the right buyer.
11. For further information or to arrange an inspection, interested parties can contact the exclusive management rights broker, Peter Ward.
12. The complex is permanent and consists of 44 units, with 14 units in the letting pool and 30 owner-occupied units.
13. The agreement term is 25 years, with 20 years remaining.
14. The complex offers amenities such as a pool, spa, and gym.
