Chevron Island, Queensland

$810,000

Property Description

Business For Sale - Surfers Paradise Management Rights - ID 8147 BL

- Management Rights For Sale
- Permanent letting 3 storey walk up
- Great rental area
- 20 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.

Net Profit: $88,000
Asking Price: $810,000
(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: $810,000 Net Profit: $88,000 Remuneration / Body Corp Salary: $50,473Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $415,000Bedrooms: 2Bathrooms: 2Car Spaces: 2
Renovated residence located on the ground floor, Two bedrooms, Two bathrooms plus powder room, Private balcony and large courtyard, Parking for two vehicles with the addition of a storage cage

Complex Information

Complex Type: PermanentTotal Units in Complex: 33Total Units in Letting Pool: 20Permanent Units: 20Owner Occupy Units: 12Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent


Marketing Agency

MR Sales

Warren Oliver
MR Sales

Phone

Listing Tools

This listing last updated: 24th September 2020

Property Map

Map Location ( get directions )

Chevron Island, Queensland 4217 Exact map location not provided

Similar Properties

CHEVRON ISLAND
Business For Sale - Permanent Complex - No...

$800,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: 1
Remuneration:

MR Sales

COOMBABAH
PERFECT ENTRY LEVEL PERMANENT

$759,000
Net Income: $87,183
Managers Estate: $399,000 3 Bed 3 Bath
Letting Pool: 42
Remuneration: $57,795

Property Bridge

CHEVRON ISLAND
Business For Sale - Priced to Sell - ID...

$675,000
Net Income: $75,000
Managers Estate: $410,000 2 Bed 2 Bath
Letting Pool: 30
Remuneration: $44,951

MR Sales
Management Rights + Unit - Gold Coast Central - High Income, Minimal Gardening, Permanent Tenants!
Exclusive

SOUTHPORT
Management Rights + Unit - Gold Coast...

$870,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Business Brokers Network Australia

MAIN BEACH
Business For Sale - Popular Main Beach...

$755,000
Net Income: $65,200
Managers Estate: $495,000 2 Bed 2 Bath
Letting Pool: 27
Remuneration: $48,523

MR Sales
Beautifully maintained permanent Management Rights In Coombabah | Resort Brokers ID : MR006427
Updated

RUNAWAY BAY
Beautifully maintained permanent Management...

$785,000
Net Income: $87,183
Managers Estate: $400,000 4 Bed 2 Bath
Letting Pool: 42
Remuneration: $57,795

ResortBrokers