Yorkeys Knob, Queensland

Business For Sale - Entry Level Permanent Management Rights - ID 8797 BL

$549,000

Property Description

- North Queensland Management Rights For Sale
- Consistent Performer - Owners Retiring After 13 Years of Solid Trading
- Permanent management rights for sale
- Guaranteed Body Corporate Salary of $55,000, annual net profit of $60,000
- 8 units in the letting pool, great scope to improve with 6 held by outside agents
- Tropical location near golden sandy beaches
- Expansive 3 bedroom manager's residence, great balcony area and a 10m² storage cage
- Office on title, off the residence with no set office hours
- Supportive committee and owners
- 20 years remaining on agreements with the potential to top up to 25 years
- Resort style pool and BBQ area
- Minutes from all shopping, medical services and Cairns International Airport
- Would suit a semi retired couple looking to slow to down, perhaps enjoy some fishing or play golf
- This easy to run complex offers a solid long term income with excellent lifestyle

Also available is 2 units for $115,000 each which would lift income from $60,000 to around $75,000.

Net Profit $60,000
Asking Price: $549,000
(Inclusive of manager's real estate)

For further information on this North Queensland management rights business for sale contact:

Management Rights Broker
Antonio Curulli

Property Summary

Business Snapshot

Price: $549,000 Net Profit: $60,000 Remuneration / Body Corp Salary: $55,170Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $339,000Bedrooms: 3Bathrooms: 1Car Spaces: 1Office: On Title
3 bedroom manager's apartment, 1 bathroom, Single car space, Views of the pool, Quality finishes and modern kitchen appliances, Air conditioned and ceiling fans

Complex Information

Complex Type: PermanentTotal Units in Complex: 20Total Units in Letting Pool: 8Permanent Units: 8Owner Occupy Units: 5Outside Agent Units: 6Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 19 yearsPool: YesBBQ Area: YesPay TV: Yes
Marketing Agent
Antonio Curulli
Antonio Curulli

MR Sales
MR Sales

MR Sales

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

LIVE THE DREAM! PERMANENT LETTING AT THE BEACH!
Calvin Bailey Management Rights
LIVE THE DREAM! PERMANENT LETTING AT THE...

TRINITY BEACH

$620,000

Net Income: $85,000
Managers Estate: $320,000 3 Bed 2 Bath
Letting Pool: 48
Remuneration: $73,000

Top Investment with Flexibility to Meet a Changing Market
Calvin Bailey Management Rights
Top Investment with Flexibility to Meet a...

CAIRNS CITY

$670,000

Net Income: $127,415
Managers Estate: $280,000 2 Bed 2 Bath
Letting Pool: 23
Remuneration: $45,449

Beachfront Beauty
Calvin Bailey Management Rights
Beachfront Beauty

YORKEYS KNOB

$649,000

Net Income: $79,000
Managers Estate: $280,000 3 Bed 2 Bath
Letting Pool: 19
Remuneration: $39,000

Permanent Business-Only Management Rights - 1P5180MR
CRE Brokers
Permanent Business-Only Management Rights -...

BELGIAN GARDENS

Management Rights $660,000

Net Income: $152,198
Managers Estate: - - Bed - Bath
Letting Pool: 80
Remuneration: $123,109

Business For Sale - Cairns Management Rights - ID 8312 BL
MR Sales
Business For Sale - Cairns Management...

CAIRNS CITY

$620,000

Net Income: $115,000
Managers Estate: $215,000 2 Bed 1 Bath
Letting Pool: 24
Remuneration: $49,806

Business For Sale - Absolute Beachfront Yorkeys Knob - ID 8595 BL
MR Sales
Business For Sale - Absolute Beachfront...

YORKEYS KNOB

$649,000

Net Income: $79,000
Managers Estate: $399,000 3 Bed 2 Bath
Letting Pool: 18
Remuneration: $38,869

363ML - PERFECT FAMILY LEASEHOLD MOTEL IN THE POPULAR PLAYGROUND OF THE SNOWY MOUNTAINS
PERMANENT ONLY MANAGEMENT RIGHTS - 5 PROPERTY PORTFOLIO
Business For Sale - Small Permanent in Surfers Paradise - ID 7947 BL
Profitable Motel on freehold acre with further development potential
2657ML - YOUR SEA CHANGE LIFESTYLE HAS ARRIVED
Business For Sale - Caretaking Only - ID 9021 BL
2320ML - BEAUT NEW ENGLAND LEASEHOLD WITH UPSIDE AWAITS
NORTH QUEENSLAND LEASEHOLD MOTEL , 40% RETURN AND 25 YEAR LEASE. FULLY RENOVATED!
Business For Sale - Family Friendly Permanent in Robina Area - ID 9017 BL
Easy and Solid Management Rights & Not Required to Live On-site!
Bass & Flinders Motor Inn, Excellent Business, Property & Opportunity, FHGC $1.6 Mill
Business For Sale - Stunning Waterfront Golf Resort - ID 7921 BL
Tassie East Coast Management Rights Income $75,000 approx, 3bdr unit +studio 0/0 $450K
80HF - THE ICONIC COUNTRY PUB IN THE WESTERN DISTRICTS IS UP FOR GRABS
1266ML - WORK FROM HOME - REFURBISHED AS NEW LEASEHOLD BUSINESS
61ML - SOLID NEW ENGLAND LEASEHOLD BUSINESS IN THE HEART OF TOWN
MR Business for Sale: Central Location together with Solid Income in Sunnybank Hills, Brisbane.
30 Acre Caravan Park with Direct Access to a Tropical Coastline - 1P5003CP