Labrador, Queensland

$830,000

Property Description

Business For Sale - Prepared To Meet The Market - ID 8272 H

- Never Pay For Electricity Again
- Management Rights For Sale
- Low workload residential complex of 36 single level villas
- Security gated in very popular location close to hospital, university, shopping and popular schools
- Set in easy care, landscaped gardens
- Amenities for residents include delightful pool & BBQ area
- 17 villas in the letting pool, 15 of those are within the complex
- Close to 100% occupancy with high demand for any vacancies
- Single level, comfortable and quiet 3 bedroom, 2 bathroom managers villa with 5.88Kw solar system
- Attached auto lock up garage with driveway on title for second car space
- Huge, well equipped and nicely furnished office with internal access to manager's home
- Extra 2 car spaces for office
- Private backyard garden with own gate access
- Inspections welcome
- Prepared to meet the market
- Very part time duties so would suit a single person or couple wanting to have their freedom to keep outside work, retirees with hobbies or for tradies who want to continue to run their current business. The manager's home is a practical design, in good original condition with plantation shutters and solar system.

Net Profit: $86,599
Asking Price: $830,000
(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 Broker
Elizabeth Forrester

Property Summary

Business Snapshot

Price: $830,000 Net Profit: $86,599 Remuneration / Body Corp Salary: $48,799Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $430,000Bedrooms: 3Bathrooms: 2Car Spaces: 4Office: On TitlePets OK: Yes
Single level villa, 3 bedrooms, 2 bathrooms, Ceiling fans, Air conditioning, 5.88Kw solar system, Plantation shutters, Fenced and private backyard

Complex Information

Complex Type: PermanentTotal Units in Complex: 36Total Units in Letting Pool: 15Permanent Units: 15Owner Occupy Units: 14Outside Agent Units: 4Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 15 yearsAgreement Term Remaining: 11 yearsPool: YesBBQ Area: Yes

Marketing Agent

Elizabeth Forrester

Marketing Agency

MR Sales

Elizabeth Forrester
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Labrador, Queensland 4215 Exact map location not provided

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