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 Brokers
Gerard Dixon & David Rotheram

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

This listing last updated: 11th September 2018

Property Map

Map Location ( get directions )

Arundel, Queensland 4214 Exact map location not provided

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