Management Rights For Sale Main Beach, Gold Coast - 9430

Main Beach, Queensland

$755,000

Property Description

Business For Sale - Popular Main Beach Permanent - ID 8951 BL

- Management Rights For Sale
- 3 Storey Walk-up
- 27 unit complex with 9 in the letting pool
- Secure complex with intercom, fob access and CCTV
- Agreements topped up to 17 years
- Body Corporate remuneration over $48,000
- Long standing manager's retiring after 18 years
- Excellent Body Corporate and committee
- Easy to maintain complex
- Excellent facilities and well maintained
- Two bedroom, two bathroom open plan manager's residence
- Would suit semi retired couple or young couple with outside employment
Prime location in Main Beach, close to public transport, yacht club, surf club and Tedder Avenue. Easy access to light rail.

Net Profit: $65,200
Asking Price: $755,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Phil Trimble
Servicing QLD & NSW

Property Summary

Business Snapshot

Price: $755,000 Net Profit: $65,200 Remuneration / Body Corp Salary: $48,523Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $495,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Two bedroom, Two bathroom residence, Wrap around balconies, Fully functional kitchen, Open plan living, Private patio overlooking the pool and manicured gardens, Adjoining office on title, Large storage area, Secure parking

Complex Information

Complex Type: PermanentTotal Units in Complex: 27Total Units in Letting Pool: 9Permanent Units: 9Owner Occupy Units: 14Outside Agent Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 17 yearsPool: YesSpa: Yes