Cairns North, Queensland

Under Contract / Offer

Property Description

Business For Sale - UNDER CONTRACT - ID 8334 BL

- North Queensland Management Rights For Sale
- Permanent Letting
- Stylish 3 storey walk up complex, consistent performer
- Guaranteed Body Corporate salary of $52,538.40
- Now in permanent letting mode
- 11 apartments in the letting pool
- Well maintained gardens and facilities
- Resort style pool, BBQ area, Wi-Fi and cable TV
- Office on title
- Supportive committee and owners
- 19 years remaining on agreements, scope to top up
- Exterior recently painted
- A large sinking fund to undertake many more improvements
- Close to shopping, medical services and International Airport

Net Profit: $167,000 (3 year average)
Asking Price: $695,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this North Queensland Management Rights business for sale contact:

Exclusive Management Rights Broker
Antonio Curulli

Property Summary

Business Snapshot

Price: Under Contract / Offer Body corp salary review: CPI Annually

Managers Unit

Car Spaces: 1

Complex Information

Total Units in Complex: 0Manager Units: 1Agreement Module: AccommodationPool: YesPay TV: Yes

Marketing Agent

Marketing Agency

MR Sales

Antonio Curulli
MR Sales


Listing Tools

Property Map

Map Location ( get directions )

Cairns North, Queensland 4870 Exact map location not provided

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