Labrador, Queensland

$740,000

Property Description

Easy to run townhouse complex management rights at Labrador

About the business
 Easy to run business with only one person needed;
 Easy to care duties in a small quiet complex, no BBQs to clean;
 Supportive body corporate committee;
 Potential to increase profit by doing maintenance jobs, as current manager is not doing any;
 No fixed office hours;
 20 year agreement with about 16 year remaining;
 Ideally suited to a single or couple who would like a balance between work and life.

About managers residence
 Two story townhouse with river views. Just open your private courtyard gate and you can launch you boat or jet-ski into the water and go for a cruise, fish or even catch lots of mud crabs;
 Downstairs there is a single garage, a laundry room with a toilet, open plan kitchen and living area;
 Large backyard with a shed and under-covered outdoor sitting area, enjoying the water views while having a beer in the backyard;
 Upstairs there are 3 bedrooms and 1 bathroom with dual entrances;
 Two of the bedrooms have river views.

About the complex
This complex is centrally located at Labrador and provides a beachfront lifestyle with close proximity to Griffith University and Surfers Paradise. The Broadwater has excellent access areas to the water for windsurfing, sailing, para-flying, jet-skiing, boating, fishing, crabbing and swimming - making this once sleepy suburb a popular retreat for holidaymakers.
• Convenient to anywhere, shopping, food, study, entertainment, exercise, etc.
• There are good schools in nearby areas, e.g. a b Paterson College, St Hilda's etc.
• It is only 400 meters to the Broadwater Parklands. Walking to the Aquatic Center Olympic swimming pools.
• 2.5 km to Southport CBD area.
• 3.7 km to Griffith University and Gold Coast University Hospital.
• 5.4 km to Surfers Paradise beach and clubs.
• 6.5 km to Sea World which is just on the other side of the harbor.
• 4.8 km to the famous Harbor Town Outlet Shopping Centre.
• 14.5 km to Movie World, Dream World and Outback Spectacular.

Permanent Management Rights | Labrador
Net Income: $82370.00
Body Corp Salary: $54958.00 (CPI indexed)
Manager Unit: $360,000.00
Asking: $740,000.00

Property Summary

Business Snapshot

Price: $740,000 Net Profit: $90,607 Remuneration / Body Corp Salary: $61,932

Managers Unit

Value of Managers Apartment: $360,000Bedrooms: 3Bathrooms: 1Office: Exclusive Use

Complex Information

Complex Type: PermanentTotal Units in Complex: 38Total Units in Letting Pool: 16Holiday Units: 16Agreement Term Remaining: 16 years

Marketing Agent


Marketing Agency

Joy Realty

Robert Lin 0433000888
Joy Realty

Phone

Listing Tools

Property Map

Map Location ( get directions )

Labrador, Queensland 4215 Exact map location not provided

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