Labrador, Queensland

$2,880,000

Property Description

Business For Sale - One For The Fastidious Buyer - ID 8041 BL

- Management Rights For Sale
- Superb Waterfront Permanent High Rise
- Permanent management rights of 104 apartments
- Great salary and 15 lots in the letting pool
- Long agreements through to 2034
- Contract cleaners in place for commercial and foyers
- No set office hours
- REI Master software
- World class facilities including pool, spa, sauna, tennis court, bbq, residents lounge, movie theatre and more!
- Walk to restaurants, seafood outlet and hotel
- Superbly presented building with excellent Body Corporate. The manager's apartment is located on the second floor and offers two bedrooms, two bathrooms, air conditioning and has a huge balcony area and brilliant water views with valuation in place.

Net Profit: $296,000
Asking Price: $2,880,000
(Inclusive of manager's real estate)

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

Listing Broker
Warren Oliver

Property Summary

Business Snapshot

Price: $2,880,000 Net Profit: $296,000 Remuneration / Body Corp Salary: $288,196Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,280,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On Title
Located on the 2nd floor, Sensational apartment, 2 bedrooms, 2 bathrooms, Polished timber floors, Huge balcony area facing the Broadwater

Complex Information

Complex Type: PermanentTotal Units in Complex: 104Total Units in Letting Pool: 15Permanent Units: 15Owner Occupy Units: 86Outside Agent Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 16 yearsPool: YesSpa: YesSauna: YesGym: YesTennis Court: Yes

Marketing Agent


Marketing Agency

MR Sales

Warren Oliver
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Labrador, Queensland 4215 Exact map location not provided

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