Labrador, Queensland

$495,000

Property Description

Business For Sale - Plenty Of Choices For Buyer - ID 8810 H

- Caretaking Only - Low Workload and No Requirement to Live On Site
On offer here is a lovely single level villa, fully refurbished in handy location in a small, attractive complex with swimming pool.

Your choices are:

- Be a landlord and a caretaker by keeping good tenants in place who pay $400 per week rental. Therefore, you will collect a combined income of $50,000 gross (with all costs covered including Body Corporate levies, rates and caretaking costs you will enjoy around $41,000 net)
- Maintain your current outside employment or business but move into the very comfortable villa and enjoy the cheap living made possible by the solar system and benefit from the extra income of $24,000 net from carrying out the caretaking function in your spare time (as it is minimal hours required in this small complex)
- Build your business income by getting back the rentals that are currently with an outside agent. The current manager chose to give the rental pool to another agent. There is strong potential to get these back
- As a retiree, enjoy having a lovely home on the beautiful Gold Coast whilst still having a little bit of gardening and responsibilities to give you something to do, contact with other people and keep fit
- This small management rights gives you the ability to live the life you choose whilst earning that extra bit of cast to make life stress free

- Beautifully refurbished residence with good sized rooms and modern kitchen. Separate entry to the management rights office. Private verandah off the back leading to lovely backyard with plenty of garden growth for screening and privacy. Two bathrooms, one with full sized bath tub. Low cost living due to solar system installed.

Low workload management rights business and no need to live onsite. Therefore, ability to increase income from this business significantly by renting out the lovely villa.

Net Profit: $26,745 (Option 1) or $41,000 (option 2)
Asking Price: $495,000
(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

Managers Unit

Complex Information

Total Units in Complex: 0

Marketing Agent

Elizabeth Forrester

Marketing Agency

MR Sales

Elizabeth Forrester
MR Sales

Phone

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Property Map

Map Location ( get directions )

Labrador, Queensland 4215 Exact map location not provided

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