Ashmore, Queensland

$935,000

Property Description

Business For Sale - Permanent Management Rights Complex - ID 8536 BL

- Management Rights For Sale
- Bushland Setting
- Located near hospital and University
- 25 townhouses in the letting pool
- Long agreements, office on title and no set office hours
- Security gated, CCTV and pool
- Pet friendly with Body Corporate approval
- 15 minutes to Broadwater and Surfers Paradise
- Strong rental area with rents to $410 per week
- Refurbished residence with entertainment area
- Large exclusive use yard with shed and extra car parks for manager
- Well run, consistent business with refurbished 3 bedroom, 2 bathroom air conditioned residence with garage and extra spaces.
Private entertainment area.

Net Profit: $123,000
Asking Price: $935,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Warren Oliver

Property Summary

Business Snapshot

Price: $935,000 Net Profit: $126,000 Remuneration / Body Corp Salary: $63,500Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $390,000Bedrooms: 3Bathrooms: 2Car Spaces: 3Office: On TitlePets OK: Yes
Well presented three bedroom residence, Two bathrooms, Air conditioning, Large entertainment area, Garage, Exclusive use of storage shed and yard plus two extra car spaces, Brand new kitchen, Refurbished bathroom and ensuite

Complex Information

Complex Type: PermanentTotal Units in Complex: 40Total Units in Letting Pool: 26Permanent Units: 26Owner Occupy Units: 7Outside Agent Units: 6Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 16 yearsPool: Yes

Marketing Agent


Marketing Agency

MR Sales

Warren Oliver
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Ashmore, Queensland 4214 Exact map location not provided

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