LOW MAINTENANCE PERMANENT MANAGEMENT RIGHTS
Popular Mudgeeraba oozes a village like atmosphere. It’s easy to find good tenants here as you are close to schools, restaurants, shops, bus stops and about 15 minutes’ drive to Robina Town Centre, Robina hospital and Robina rail station.
This Management Rights business offers; low maintenance common areas, no fixed office hours and an easily managed permanent rental pool.
With a net income of $51,000 including over $38,000 in Body Corporate salary, it is envisaged this business could be operated by one dedicated operator. 21 years remain on Management Rights agreements.
Plenty of room to enjoy life also, with the manager’s townhouse offering 3 bedrooms, 2.5 bathrooms and office on title.
Net Profit: $50,947 Remuneration / Body Corp Salary: $38,000Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $355,000Bedrooms: 3Bathrooms: 3Car Spaces: 1Office: On TitlePets OK: Yes
A good sized villa with plenty of room for the family
Complex InformationComplex Type: PermanentTotal Units in Complex: 26Total Units in Letting Pool: 9Permanent Units: 9Owner Occupy Units: 11Outside Agent Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesBBQ Area: YesPay TV: Yes
Other Features / Notes