Molendinar, Queensland

$980,000

Property Description

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

- Quiet Location Near Hospital
- Management Rights For Sale
- Northern Gold Coast location
- 26 x 3 bedroom townhouses/villas in the letting page + 1 outside let
- Good agreements, office on title and no set office hours
- Rents $395 - $410 per week
- Security gated complex with pool
- Close to hospital and Griffith University
- Pet friendly for manager's
- 15 minutes to Broadwater and Southport
- Large exclusive use are and extra car parking for manager
- Lovely complex in bushland setting. Lovely, single level manager's residence of 3 bedrooms, 2 bathrooms, air conditioning and large outdoor entertainment area.

Net Profit: $126,000
Asking Price: $980,000
(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

Property Summary

Business Snapshot

Price: $980,000 Net Profit: $126,000 Remuneration / Body Corp Salary: $63,500Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $390,000Bedrooms: 3Bathrooms: 2Car Spaces: 3Office: On TitlePets OK: Yes
Well presented three bedroom residence, Two bathrooms, Air conditioning, Large entertainment area, Garage, Exclusive use of storage shed and yard plus two extra car spaces, Brand new kitchen, Refurbished bathroom and ensuite

Complex Information

Complex Type: PermanentTotal Units in Complex: 40Total Units in Letting Pool: 26Permanent Units: 26Owner Occupy Units: 7Outside Agent Units: 6Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 16 yearsPool: Yes

Marketing Agent


Marketing Agency

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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