PRICE REDUCED FOR QUICK SALE!
This excellent permanent Management Rights business has no set office hours, well presented low maintenance grounds allowing for an easy to run and very profitable business.
Currently 22 years remain on caretaking agreement, and being topped up to full 25 years for the incoming manager.
With a cooperative Body Corporate committee, good sized and stable rental pool in the sought after investment property suburb of Pacific Pines, you can expect a net income of $245,000 p.a. inclusive of over $102,000 for Body Corporate annual remuneration and contracted Form 6 rear courtyard garden maintenance.
The onsite manager has the luxury of a freestanding modern two storey house featuring 4 bedrooms, 2.5 bathrooms, 2 cars auto lockup garage and office on title. All four bedrooms are equipped with air-conditioning and the master bedroom has an ensuite.
Close to school, public transport and all the facilities you will need. This is the best priced permanent Gold Coast Management Rights business with net income over $245,000 on the market. Call me for an inspection now before its gone!!
Price: OFFERS $1,785,000 to $1,835,000
Net Profit: $245,000 Remuneration / Body Corp Salary: $82,000Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $560,000Bedrooms: 4Bathrooms: 3Car Spaces: 2Office: On TitlePets OK: Yes
The luxury of a freestanding modern two storey house featuring, 4 bedrooms, 2.5 bathrooms, 2 car auto lockup garage and office on title. All four bedrooms are equipped with air-conditioning and the master bedroom has an ensuite.
Complex InformationComplex Type: PermanentTotal Units in Complex: 0Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesGym: Yes