Clifton Beach, Queensland

$749,000

Property Description

Business For Sale - Idyllic Absolute Beachfront Management Rights - ID 8988 BL

- North Queensland Management Rights For Sale
- Sit Back, Relax and Enjoy a Carefree Existence in Paradise
- Guaranteed Body Corporate salary of $51,000, annual net profit of $79,000, Covid proof investment
- Only 2 out of 24 villas in the holiday letting pool, great scope to improve
- Separate villa offsite will be added to the pool, which will increase the profit by $5,000 p.a
- Mature and easily maintained gardens
- Stylish 4 bedroom manager's residence
- 2 separate office areas on title
- Supportive committee and owners
- 19 years remaining on agreements, with scope to top up to 25 years at next Body Corporate meeting
- Resort style pool and BBQ area
- Low time commitment of 15-20 hours per week, no set hours required
- 15 minutes for all shopping, medical services and International Airport
- Ideal for a semi retired couple wishing to escape the cold southern states, and wishing to work 2-3 hours each day, or a young family wishing to add a second income and enjoy raising their family in a wonderful paradise environment.

The location is perfect, the residence large and accommodative. The complex is abundant in quality facilities and the community is friendly and relaxed.

Net Profit: $79,000
Asking Price: $749,000
(Inclusive of manager's real estate)

For further information or to arrange for an inspection of this North Queensland Management Rights business for sale contact:

Management Rights Broker
Antonio Curulli

Property Summary

Business Snapshot

Price: $749,000 Net Profit: $79,000 Remuneration / Body Corp Salary: $50,144Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $510,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
The manager's residence is a large 4 bedroom home, 2 bathrooms, Ocean views, Double garage, Quality finishes and stone benchtops, Well maintained private garden, Additional 2 room separate office on title.

Complex Information

Complex Type: MixedTotal Units in Complex: 24Total Units in Letting Pool: 2Holiday Units: 1Permanent Units: 1Owner Occupy Units: 14Outside Agent Units: 6Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesSpa: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

MR Sales

Antonio Curulli
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Clifton Beach, Queensland 4879 Exact map location not provided

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