Bilinga, Queensland

Management Rights $799,000

Property Description

Beachside Management Rights in Southern Gold Coast Hot Spot - 1P4216MR

Affordable Opportunity Beside The Beach With Generous Sized Apartment and Lifestyle Options

* Wonderful Beach Side Location / Popular Holiday Destination / Growth Area.
* Currently operated by one person.
* Manageable Duties and Positive Body Corporate relationship.
* Spacious Manager's apartment - 3 Bedroom / 2 Bathroom / 2 Car Spaces plus Storage.
* No set Office Hours.
* Room to build on the income.
* Options here for a single person or a couple - with possibility of one partner working elsewhere. Could also suit an active semi-retired couple.

* Net Profit - $55,000
* Business - $179,000
* Manager's Lot - $620,000
* Total Price - $799,000

Property Summary

Business Snapshot

Price: Management Rights $799,000 Net Profit: $55,000 Remuneration / Body Corp Salary: $31,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $620,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On Title

Complex Information

Complex Type: n/aTotal Units in Complex: 25Total Units in Letting Pool: 10Holiday Units: 8Permanent Units: 2Owner Occupy Units: 14Outside Agent Units: 1Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesSpa: YesTennis Court: YesBBQ Area: Yes

Other Features / Notes

A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS

Marketing Agent


Marketing Agency

CRE Brokers

Jim Prentice
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Bilinga, Queensland 4225 Exact map location not provided

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