Currumbin, Queensland

$1,480,000

Property Description

Business For Sale - Mixed Letting with Spectacular Views - ID 7823 BL

- Management Rights BusinessFor Sale
- Great family location
- All units face north with brilliant views
- 12 units in the letting pool
- Heated pool, spa, sauna, 2 x BBQ's and Austar
- Permanent rents from $550 per week
- Strong repeat business
- Close to the airport
- Two bedroom, two bathroom, partially renovated manager's residence.
- Well maintained southern Gold Coast management rights complex with nice family atmosphere.

Net Profit: $161,510
Asking Price: $1,480,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this management rights business for sale contact:

Listing Broker
Phil Trimble

Property Summary

Business Snapshot

Price: $1,480,000 Net Profit: $161,510 Remuneration / Body Corp Salary: $82,566Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $720,000Bedrooms: 2Bathrooms: 2Office: On Title
Partially refurbished, 2 bedrooms, Air conditioning, The unit is elevated and north facing, Large balcony overlooking Currumbin Beach

Complex Information

Complex Type: MixedTotal Units in Complex: 36Total Units in Letting Pool: 11Holiday Units: 8Permanent Units: 3Owner Occupy Units: 17Outside Agent Units: 2Lockup Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesSauna: YesBBQ Area: YesPay TV: Yes

Marketing Agent


Marketing Agency

MR Sales

Phil Trimble
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Currumbin, Queensland 4223 Exact map location not provided

Similar Properties

CURRUMBIN
BEACH FRONT VIEWS FROM ONE OF THE BEST...

Management Rights $1,480,000
Net Income: $161,500
Managers Estate: $720,000 2 Bed 2 Bath
Letting Pool: 37
Remuneration: $82,000

CRE Brokers

CURRUMBIN
The Best lifestyle Position on the Coast

$1,480,000
Net Income: $161,510
Managers Estate: $720,000 2 Bed - Bath
Letting Pool: 32
Remuneration: $82,566

RAAS Group

CURRUMBIN
What a View, What a Location!!!

$1,480,000
Net Income: $161,500
Managers Estate: $720,000 - Bed - Bath
Letting Pool: 18
Remuneration: $82,500

Gavern Property - Management Rights

CURRUMBIN
OCEANFRONT PANORAMA

$1,480,000
Net Income: $162,000
Managers Estate: $720,000 2 Bed 2 Bath
Letting Pool: 36
Remuneration: $83,000

Property Bridge
NEAR NEW BOUTIQUE HIGH RISE
Exclusive

SOUTHPORT
NEAR NEW BOUTIQUE HIGH RISE

Under Contract / Offer
Net Income: $173,000
Managers Estate: $470,000 2 Bed 2 Bath
Letting Pool: 44
Remuneration: $54,000

Property Bridge

SOUTHPORT
Business For Sale - Iconic Southport Resort...

$1,370,000
Net Income: $205,000
Managers Estate: $395,000 2 Bed 2 Bath
Letting Pool: 94
Remuneration: $101,489

MR Sales