Arundel, Queensland

$845,000

Property Description

Business For Sale - Permanent Letting with Low Workload - ID 8860 BL

- MANAGEMENT RIGHTS GOLD COAST
- RELUCTANT VENDOR - ILL HEALTH FORCES SALE
- Management rights for sale
- No set office hours, all rental enquires by appointment
- Low workload
- Golf course adjacent to the complex
- Potential upside by doing maintenance and gardening
- Large three bedroom home with own back yard
- Office could be converted to 4th bedroom
- Ample parking, double car garage with four additional spaces
- Only 10 minutes to the beach and 5 minutes to the M1
- Owners retiring due to ill health
- Large manager's residence. Both partners could have jobs outside the complex. Plenty of upside for handyman.

Net Profit: $70,910
Asking Price: $845,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast management rights for sale contact:

Listing Broker
Gerard Dixon

Property Summary

Business Snapshot

Price: $845,000 Net Profit: $70,910 Remuneration / Body Corp Salary: $54,592

Managers Unit

Value of Managers Apartment: $550,000Bedrooms: 3Bathrooms: 2Car Spaces: 4Office: On TitlePets OK: Yes
Large managers home located at the front of the complex.

Complex Information

Complex Type: n/aTotal Units in Complex: 42Total Units in Letting Pool: 11Permanent Units: 11Owner Occupy Units: 28Outside Agent Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesSpa: YesSauna: YesGym: YesTennis Court: Yes

Marketing Agent


Marketing Agency

MR Sales

Gerard Dixon
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Arundel, Queensland 4214 Exact map location not provided

Similar Properties

BENOWA
Business For Sale - Caretaking Only - No...

$917,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

MR Sales
Recently Built Permanent Waterfront Complex!!!
Updated
Exclusive

HOPE ISLAND
Recently Built Permanent Waterfront Comp...

$990,000
Net Income: $95,395
Managers Estate: $525,000 - Bed - Bath
Letting Pool: 40
Remuneration: $44,000

Gavern Property - Management Rights

ROBINA
Business For Sale - Robina Permanent -...

$965,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

MR Sales

TUGUN
PERMANENT MANAGEMENT RIGHTS IN SOUTHERN...

Management Rights $985,000
Net Income: $130,120
Managers Estate: $440,000 3 Bed 2 Bath
Letting Pool: 57
Remuneration: $80,600

CRE Brokers
2 PERMANENTS FOR SALE ONLY ONE UNIT TO BUY NEAR ROBINA
Exclusive

MUDGEERABA
2 PERMANENTS FOR SALE ONLY ONE UNIT TO BUY...

$991,000
Net Income: $127,000
Managers Estate: $420,000 3 Bed - Bath
Letting Pool: 20
Remuneration: $74,793

RAAS Group
EXTREMELY MOTIVATED VENDOR!!!
Updated

SURFERS PARADISE
EXTREMELY MOTIVATED VENDOR!!!

Under Contract / Offer
Net Income: $87,300
Managers Estate: $370,000 - Bed - Bath
Letting Pool: 6
Remuneration: $83,900

Gavern Property - Management Rights