Chevron Island, Queensland

$825,000

Property Description

Business For Sale - No Requirement to Live Onsite - ID 8147 BL

- Management Rights For Sale
- Permanent letting 3 storey walk up
- Great rental area
- 23 in letting pool, combination of 1 & 2 bedroom units
- Long agreements expiring 2040
- Office on title with no set hours
- Pool and spa, sauna, BBQ, gym, CCTV & Wi-Fi
- Basement security parking
- Storage and Cable TV
- Easy to run building with minimal garden maintenance
- Close to restaurants and Surfers Paradise
- Well presented complex in sought after area. Lovely large 2 bedroom, 2 bathroom renovated residence with powder room, 2 car parks & storage cage. Option to live offsite and rent manager's unit.

Net Profit: $92,800
Asking Price: $825,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Warren Oliver

Property Summary

Business Snapshot

Price: $825,000 Net Profit: $92,888 Remuneration / Body Corp Salary: $49,424Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $425,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On Title
Renovated, 2 bedrooms, 2 bathrooms + powder room, Large courtyard, Air conditioning, Ceiling fans, Double car accommodation

Complex Information

Complex Type: PermanentTotal Units in Complex: 33Total Units in Letting Pool: 24Permanent Units: 24Owner Occupy Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesSauna: YesGym: YesPay TV: YesWIFI: 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

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