Chevron Island, Queensland

$625,000

Property Description

Business For Sale - Lifestyle Plus! - ID 8968 BL

- Management Rights For Sale
- Stroll to central Chevron Island
- Very low maintenance permanent complex
- No set office hours required
- Sought after location with high demand for tenants
- 24 units with 19 in the letting pool
- Only one owner living onsite
- Beautifully renovated manager's unit currently returning $420 per week
- No requirement to live onsite
- Long term agreement with 24 years remaining
- Don't miss the opportunity to secure this boutique style building located just one block back from Chevron Island's popular restaurants, cafes, boutiques and deli's. Live in the fully renovated manager's unit or rent it out. Pet friendly.

Net Profit: $62,953
Asking Price: $625,000
(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
Elissa Paynter

Property Summary

Business Snapshot

Price: $625,000 Net Profit: $62,953 Remuneration / Body Corp Salary: $37,652Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $390,000Bedrooms: 2
Fully renovated and beautifully presented 2 bedroom manager’s unit, featuring new kitchen with stainless appliances, new timber laminate flooring and carpets throughout, new window furnishings, ceiling fans and air conditioning. Currently tenanted for $420 per week.

Complex Information

Complex Type: PermanentTotal Units in Complex: 24Total Units in Letting Pool: 19Permanent Units: 19Owner Occupy Units: 1Outside Agent Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: Yes

Marketing Agent


Marketing Agency

MR Sales

Elissa Paynter
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Chevron Island, Queensland 4217 Exact map location not provided

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