Labrador, Queensland

$690,000

Property Description

Business For Sale - Permanent With No Covid-19 Concerns - ID 8272 H

- GUARANTEED INCOME FOR AT LEAST 15 YEARS
- SOLID CARETAKING BUSINESS WITH SMALL RENTAL POOL OF LOW RISK PERMANENT RENTALS
- Management rights for sale
- Easy as! Currently all managed by one lady and Body Corp just supplied ride on mower to reduce workload
- Huge, well equipped and nicely furnished office with internal access to manager's home
- Don't pay for electricity again in this single-level, 3 bedroom, 2 bathroom villa with 5.88Kw solar system. You can make the most of the 3 x air-conditioners and ceiling fans throughout this comfortable villa
- Attached auto lock-up garage with driveway on title for second car space; Extra 2 car spaces for Office
- Private backyard garden with own gate access
- Small security gated complex in very popular location close to hospital, university, major shopping centres. Also, handy to Motorway and Broadwater
- Low maintenance and very attractive grounds making it a very pleasant place to live
- No specified hours, no stress manager's responsibilities and high demand for permanent rentals. Most tenants in small pool have secure fixed income
- 15 years to run on Agreement. Good Committee. Just do your own thing whenever you like
- LABRADOR'S CREAM PERMANENT MANAGEMENT RIGHTS-STEP UP TO MAKE AN OFFER

No worries about Corona Virus causing loss of income in this one. Very part-time duties so would suit a single, or a 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. Home is a practical design, in good original condition with plantation shutters and solar system. Manager's villa is in quiet location ensuring you have a peaceful night's sleep. Enjoy the best of the Coast with Broadwater just over 1 km away and surf beaches a short drive.

Net Profit: $80,041
Reduced Asking Price: $690,000
(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
Elizabeth Forrester

Property Summary

Business Snapshot

Price: $690,000 Net Profit: $80,041 Remuneration / Body Corp Salary: $49,703Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $375,000Bedrooms: 3Bathrooms: 2Car Spaces: 4Office: On Title
Brick and tile single level villa, 3 bedrooms, 2 bathrooms, Fully equipped office on title, Ceiling fans, Air conditioning, Well located and quiet, Solar system installed, Plantation shutters on all villa windows and doors, Fully fenced and private backyard

Complex Information

Complex Type: PermanentTotal Units in Complex: 36Total Units in Letting Pool: 13Permanent Units: 13Owner Occupy Units: 18Outside Agent Units: 4Manager Units: 1Agreement Module: AccommodationAgreement Term: 15 yearsAgreement Term Remaining: 14 yearsPool: YesBBQ Area: Yes

Marketing Agent


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

Similar Properties

MAIN BEACH
Business For Sale - Popular Main Beach...

$755,000
Net Income: $65,200
Managers Estate: $495,000 2 Bed 2 Bath
Letting Pool: 27
Remuneration: $48,523

MR Sales
Beautifully maintained permanent Management Rights In Coombabah | Resort Brokers ID : MR006427
Updated

RUNAWAY BAY
Beautifully maintained permanent Management...

$785,000
Net Income: $87,183
Managers Estate: $400,000 4 Bed 2 Bath
Letting Pool: 42
Remuneration: $57,795

ResortBrokers

MUDGEERABA
SALARY SECURING YOUR INCOME

$690,000
Net Income: $73,116
Managers Estate: $390,000 3 Bed 2 Bath
Letting Pool: 44
Remuneration: $53,726

Property Bridge

CHEVRON ISLAND
Business For Sale - Lifestyle Plus! - ID...

$625,000
Net Income: $62,953
Managers Estate: $390,000 2 Bed - Bath
Letting Pool: 24
Remuneration: $37,652

MR Sales

CHEVRON ISLAND
Business For Sale - Surfers Paradise...

$830,000
Net Income: $92,888
Managers Estate: $425,000 2 Bed 2 Bath
Letting Pool: 33
Remuneration: $49,424

MR Sales
Excellent first timer complex in sought-after Chevron Island  | Resort Brokers ID : MR005998
Updated

CHEVRON ISLAND
Excellent first timer complex in sought-...

$825,000
Net Income: $92,888
Managers Estate: $425,000 2 Bed 2 Bath
Letting Pool: 25
Remuneration: $49,485

ResortBrokers