Chevron Island, Queensland

Under Contract / Offer

Property Description

Business For Sale - Under Contract - ID 7970 BL

- Management Rights For Sale
- Low Workload Gardens
- Permanent management rights complex
- Manager's unit currently rented at $420 per week (not included in the net profit)
- Rental units are all one bedroom and mostly furnished
- Small office, all contact is by phone
- No set office hours
- Gardens can be done after hours
- Small external rent roll also available for sale with $16,300 p.a income. Asking price $50,000
- Ample storage space
- 3 car parking spaces
- 26 units in the letting pool

Easy to run 3 storey walk up complex on Chevron Island. The manager's unit offers 2 bedrooms, 1 bathroom and is currently tenanted at $420 per week. The enthusiastic tenant is paid to carry out some of the caretaking duties. There is a small office but there are not set office hours and all contact with tenants and owners is via phone.

Net Profit: $87,783
Asking Price: $800,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Gerard Dixon

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $89,823 Remuneration / Body Corp Salary: $45,144Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $440,000Bedrooms: 2Bathrooms: 1Car Spaces: 3Office: On TitlePets OK: Yes
Renovated residence, Two bedrooms, One bathroom, Private courtyard, Ample storage and 3 car parking spaces

Complex Information

Complex Type: PermanentTotal Units in Complex: 37Total Units in Letting Pool: 26Permanent Units: 26Owner Occupy Units: 8Outside Agent Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesPay TV: YesWIFI: Yes

Marketing Agent

Marketing Agency

MR Sales

Gerard Dixon
MR Sales


Listing Tools

Property Map

Map Location ( get directions )

Chevron Island, Queensland 4217 Exact map location not provided

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