UNDER CONTRACT - Bargara - Beachside Resort Near Golf Club - 1P4274MR
BEACHSIDE MANAGEMENT RIGHTS FOR SALE - EXCLUSIVE TO CRE BROKERS
Beautifully presented, and ideally located Bargara beach-side resort. The new manager for this resort will enjoy living in one of the best manager's units in the industry; 3 bedrooms, ensuite with spa, spacious kitchen and large office and reception attached on title. The property is a mere 200 metres from Kelleys Beach, with its family friendly lagoon. For golfing enthusiasts, the First Tee is literally across the road.
A total of 15 luxury units are in the letting pool; some 2 and some 3 bedroom apartments – all have rooms that can be locked down as required by demand.
A brand new CT agreement on Accommodation Module is in place, with salary (currently $55,000 pa) reviewed annually according to CPI. Verified Financial figures are available, demonstrating a net return of $204,000 pa.
TOTAL NUMBER OF UNITS: 30
UNITS IN LETTING POOL: 15
MANAGERS RESIDENCE: 3 bed, 2 bath (spa) large office and reception on title.
NET PROFIT: $204,000
REAL ESTATE PRICE: $400,000
BUSINESS PRICE: $816,000
Call us now for more information and a viewing appointment
Price: Management Rights $1,216,000
Net Profit: $204,000 Remuneration / Body Corp Salary: $55,000Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $400,000Bedrooms: 3Bathrooms: 2Office: On TitlePets OK: Yes
Complex InformationComplex Type: n/aTotal Units in Complex: 30Total Units in Letting Pool: 15Holiday Units: 15Owner Occupy Units: 13Outside Agent Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesSauna: YesTennis Court: YesBBQ Area: Yes
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Fraser Coast