Chevron Island, Queensland

$1,050,000

Property Description

Business For Sale - No Requirement To Live Onsite - ID 8151 BL

- Permanent Management Rights For Sale
- Well presented 3 storey walk up of 50 units
- 36 in the letting pool of 1 & 2 bedrooms
- Average rents $320 - $420 per week
- Live offsite as managers unit rented at $350 per week
- No set office hours and office on title
- 24 years to run on agreements
- Resort style facilities including pool, spa, sauna & gym
- Security parking
- Beautifully maintained tropical gardens
- Directly behind shops, restaurants and tavern
- Enjoy the village atmosphere of Chevron Island
- Lovely building with minimal garden and lawn maintenance. Two bedroom, two bathroom, air conditioned manager's residence which is currently rented out. Covered balcony, two car spaces and storage.

Net Profit: $144,500
(Includes $18,200 rental on manager's residence)
Asking Price: $1,050,000
(Inclusive of manager's real estate)

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

Listing Broker
Warren Oliver

Property Summary

Business Snapshot

Price: $1,050,000 Net Profit: $144,500 Remuneration / Body Corp Salary: $73,004Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $420,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On Title
Nicely appointed 2 bedroom unit, 2 bathrooms, Air conditioning, Wrap around courtyard and balcony, 2 car spaces, Storage, Currently rented at $350 per week

Complex Information

Complex Type: HolidayTotal Units in Complex: 50Total Units in Letting Pool: 36Permanent Units: 36Owner Occupy Units: 9Outside Agent Units: 4Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesSpa: YesSauna: YesGym: Yes

Marketing Agent


Marketing Agency

MR Sales

Warren Oliver
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Chevron Island, Queensland 4217 Exact map location not provided

Similar Properties

HIGHLAND PARK
ATTRACTIVE PERMANENT TOWNHOUSE COMPLEX

$945,000
Net Income: $151,378
Managers Estate: $320,000 3 Bed 2 Bath
Letting Pool: 53
Remuneration: $82,848

Property Bridge

MUDGEERABA
PRIMARILY BODY CORP INCOME. CLOSE TO GREAT...

$998,000
Net Income: $107,179
Managers Estate: $433,000 3 Bed 2 Bath
Letting Pool: 73
Remuneration: $99,069

Property Bridge

ROBINA
Business For Sale - Private Up Market...

$1,200,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

MR Sales
Superb Lagoon Location & Quality Residence in Robina
Exclusive

ROBINA
Superb Lagoon Location & Quality Residence...

$1,200,000
Net Income: $129,620
Managers Estate: $620,000 3 Bed - Bath
Letting Pool: 60
Remuneration: $111,883

RAAS Group
ROCK SOLID BUSINESS
Exclusive

MUDGEERABA
ROCK SOLID BUSINESS

$1,162,500
Net Income: $153,000
Managers Estate: $399,000 3 Bed 3 Bath
Letting Pool: 53
Remuneration: $67,000

Property Bridge
Business For Sale - UNDER CONTRACT - ID 8943 BL
Updated

ROBINA
Business For Sale - UNDER CONTRACT - ID...

Under Contract / Offer
Net Income: $142,000
Managers Estate: $495,000 3 Bed 2 Bath
Letting Pool: 64
Remuneration: $108,211

MR Sales