Currumbin Waters, Queensland

$1,997,000

Property Description

Business For Sale - Permanent Management Rights - Southern Gold Coast - ID 8981 H

- Management Rights For Sale
- Southern Gold Coast
- Townhouse complex in great location
- Close to major shopping centre
- In catchment area for Palm Beach Currumbin Public School
- 75 townhouses with 42 in the letting pool
- Average rents of $450-$550 per week
- 2 pools, tennis court, security gated
- Office on title with no set office hours
- Full 25 year agreements
- Huge storage/work shed
- 2 minutes to the beach
- Excellent Body Corporate salary

Well maintained complex in strong rental area. Comfortable 3 bedroom, 2 bathroom, air conditioned residence with garage and waterfront courtyard.

Net Profit: $254,000
Asking Price: $1,997,000
(Inclusive of manager's real estate)

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

Exclusive Management Rights Broker
Warren Oliver

Property Summary

Business Snapshot

Price: $1,997,000 Net Profit: $254,000 Remuneration / Body Corp Salary: $101,754Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On Title
3 bedroom villa, 2 bathrooms, Air conditioning, Double lock up garage, Office on title

Complex Information

Complex Type: PermanentTotal Units in Complex: 75Total Units in Letting Pool: 42Permanent Units: 42Owner Occupy Units: 20Outside Agent Units: 12Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: YesTennis Court: 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 )

Currumbin Waters, Queensland 4223 Exact map location not provided

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