Biggera Waters, Queensland

$940,000

Property Description

Business For Sale - Permanent Management Rights on the Broadwater - ID 7914 BL

- Management Rights For Sale
- Overlooking the Broadwater
- 3 storey walk up located opposite the Broadwater in Biggera Waters
- 30 units in the complex with 21 in the letting pool
- Body Corporate salary of $57,604
- Accommodation Module with 19 years remaining on agreements
- Excellent committee and Body Corporate
- Very easy to manage complex
- No office and no office hours in agreements
- Sinking fund of $83,000 with little capital works in the pipeline
- 3 bedroom manager's residence with stunning views over the Broadwater
- Pets permitted subject to Body Corporate approval

The complex is located in Biggera Waters, just a 5 minute drive to Harbour Town shopping and dining precinct. To the north is Runaway Bay offering great alresco dining, marina and large shopping centre.

Net Profit: $107,000
Asking Price: $940,000
(Inclusive of manager's real estate)

* CONFIDENTIALITY CONDITIONS APPLY *

For further information or to arrange your inspection of this Gold Coast management rights contact:

Exclusive Management Rights Broker
Phil Trimble

Property Summary

Business Snapshot

Price: $940,000 Net Profit: $107,071 Remuneration / Body Corp Salary: $57,604Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $540,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On Title
Open plan design, 3 bedrooms, 2 bathrooms, Air conditioned, Recently painted, New carpet, Plenty of storage, Large balcony off living area, Very quiet and private with views that will take your breath away

Complex Information

Complex Type: PermanentTotal Units in Complex: 30Total Units in Letting Pool: 21Permanent Units: 21Owner Occupy Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 19 yearsPool: YesSpa: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

MR Sales

Phil Trimble
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Biggera Waters, Queensland 4216 Exact map location not provided

Similar Properties

Fantastic New Opportunity
New
Exclusive

CAIRNS CITY
Fantastic New Opportunity

$990,000
Net Income: $58,000
Managers Estate: $780,000 3 Bed 2 Bath
Letting Pool: -
Remuneration: $58,000

Calvin Bailey Management Rights

BOONDALL
Brand new OTP - Prime location, no unit...

$975900
Net Income: $102,679
Managers Estate: $494,900 4 Bed 2 Bath
Letting Pool: 78
Remuneration: $78,000

ResortBrokers
BUSINESS ONLY! HIGH INVESTMENT RETURNS & SOLID INCOME FOR FAMILY!
Exclusive

MORAYFIELD
BUSINESS ONLY! HIGH INVESTMENT RETURNS...

$988,000
Net Income: $180,400
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration: $126,200

Shine Realty

BOONDALL
Business For Sale - Off the Plan - Brisbane...

$975,900
Net Income: -
Managers Estate: $494,900 4 Bed 2 Bath
Letting Pool: 1
Remuneration: $78,000

MR Sales

CLIFTON BEACH
Business For Sale - Beachside Surprise...

$945,000
Net Income: $12,878
Managers Estate: $450,000 2 Bed 2 Bath
Letting Pool: 16
Remuneration: $43,649

MR Sales
This complex ticks all the boxes with an excellent reputation | Resort Brokers ID : MR006519
Updated

TOWNSVILLE CITY
This complex ticks all the boxes with an...

$950,000
Net Income: $137,948
Managers Estate: $410,000 3 Bed 2 Bath
Letting Pool: 55
Remuneration: $93,398

ResortBrokers