Cornubia, Queensland

$1,076,000

Property Description

RESORT STYLE LIVING

Enjoy the estate and the comfort of a secure 24-hour manned security complex WITHOUT the need to manage the resort style facilities such as, golf course, function room, pool and tennis courts.

Offering a stunning, golf course and lakefront aspect, this complex is tucked away from the hustle and bustle. Enjoy the peaceful and quiet setting from your alfresco area whilst taking in the refreshing breeze.

Located midway between the Gold Coast and Brisbane and only 1 km to cafe, Supermarket, Gym, and Petrol Station. Chisholm Catholic College, Calvary College and Logan Hyperdome are only a few minutes away.

Manager’s residence is spacious with fencing for privacy, large backyard, plenty of storage, 2 car spaces and a sizeable office.

Management agreements recently topped up to 22 years with approval of a supportive Body Corporate. A salary of $84,000 offers secure income as a supplement to the manager’s permanent rental income from the letting pool.

Property Summary

Business Snapshot

Price: $1,076,000 Net Profit: $129,000 Remuneration / Body Corp Salary: $84,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $420,000Bedrooms: 3Bathrooms: 3Car Spaces: 2Office: On TitlePets OK: Yes
Manager’s residence is spacious with fencing for privacy, large backyard, plenty of storage, 2 car spaces and a sizeable office.

Complex Information

Complex Type: PermanentTotal Units in Complex: 76Total Units in Letting Pool: 25Permanent Units: 25Owner Occupy Units: 46Outside Agent Units: 4Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 years

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Cornubia, Queensland 4130 Exact map location not provided

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