Mudgeeraba, Queensland

$540,000

Property Description

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.

Property Summary

Business Snapshot

Price: $540,000 Net Profit: $50,947 Remuneration / Body Corp Salary: $38,000Body corp salary review: CPI Annually

Managers Unit

Value 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 Information

Complex 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

Pool, BBQ

Marketing Agent


Marketing Agency

Property Bridge

Jenny Zheng
Property Bridge

Phone

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Property Map

Map Location ( get directions )

Mudgeeraba, Queensland 4213 Exact map location not provided

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