Molendinar, Queensland

$915,000

Property Description

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

- Bushland Setting
- Management Rights For Sale
- Townhouse/villa complex of 40 x 3 bedroom residences
- 27 in the letting pool
- Average rents of $390 per week
- Office on title with no set hours
- Manager's storage with exclusive use area
- 5 minutes to Gold Coast Hospital, shops and Griffith University
- 15 minutes to Southport and the Broadwater
- Long agreements
- Pet friendly
- Well presented complex in quiet bushland setting. Single level 3 bedroom, 2 bathroom, air conditioned residence with large private courtyard. Current managers 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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