Molendinar, Queensland

$975,000

Property Description

Business For Sale - Permanent Complex Management Rights - ID 8536 BL

- Quiet Ashmore Bushland Setting
- Management Rights Gold Coast
- Permanent letting of 26 x 3 bedroom townhouses and villas
- 40 units in total
- Average rents of $390 per week
- Well maintained complex
- Near to both state and private schools
- Long agreements and no set office hours
- Office on title with exclusive use storage area
- Security gated with inground shaded swimming pool
- Just 15 minutes to Southport CBD and Broadwater
- 5 minutes to Gold Coast University Hospital
- Nicely presented complex in quiet location. Three bedroom, two bathroom, air conditioned manager's residence with garage and car space. Private entertaining area.

Net Profit: $123,000
Asking Price: $975,000
(Inclusive of manager's real estate)

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

Listing Broker
Warren Oliver

Molendinar is a suburb of the Gold Coast, bordering the Pacific Motorway, there is easy access for commuters travelling either north or south.

Short drive to the beaches, shopping and dining options available in Southport.

Property Summary

Business Snapshot

Price: $975,000Net Profit: $120,000

Managers Unit

Value of Managers Apartment: $380,000Bedrooms: 3Car Spaces: 1Pets OK: Yes

Complex Information

Total Letting Pool: 26Agreement Module: AccommodationAgreement Term: 20 years

General Features

  • Land Size: 1 m2 (approx)

Marketing Agent

  • Warren Oliver

  • 1300 928 556
  • 0416 216 625
  • send email

Marketing Agency

MR Sales

MR Sales

MR Sales

Warren Oliver
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Molendinar, Queensland 4214 Exact map location not provided

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