Molendinar, Queensland

$915,000

Property Description

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

- Ashmore Location - Bushland Setting
- Management Rights For Sale
- 40 units with 27 in the letting pool
- Townhouses and villas, all 3 bedroom
- Average rents of $390 per week
- Long agreements and no set office hours
- Office on title with extra car spaces and storage area
- Security gated and shaded pool
- 15 minutes to Southport CBD and Broadwater
- 5 minutes to Gold Coast University Hospital
- Open plan single level residence with large courtyard
- Pet friendly
- Located in lovely bushland setting, away from the hustle and bustle. Nice one for the first timers or family with current manager's looking to travel.

Net Profit: $123,000
Asking Price: $915,000
(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: $915,000 Remuneration / Body Corp Salary: $61,824Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $370,000Bedrooms: 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: 27Permanent Units: 27Owner Occupy Units: 6Outside Agent Units: 6Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 17 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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