Parkwood, Queensland

$1,157,000

Property Description

Business For Sale - Permanent Letting - High Demand Area - ID 8200 BL

- Management Rights Business For Sale
- Large 4 Bedroom, Fully Renovated Residence
- Great location - close to light rail, M1, hospital, schools
- Lots of storage
- Low workload
- Supportive and proactive committee
- Office on title
- Very good place to live - quiet, nice ambiance, good facilities
- 18 year agreements, to be topped up at next AGM

Located in a high demand rental area, this property will appeal to fussy buyers. The residence has been fully renovated and not only does it have 4 bedrooms, it also has an office on title. This one of those places where people like to live. It is close to most facilities, is in a quiet neighbourhood, far enough away from the M1 to get no noise yet close enough for easy access. Looking for your first management rights with a secure income and large manager's residence? Look no more!

Net Profit: $141,690
Asking Price: $1,157,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast management rights business contact:

Listing Broker
Gerard Dixon

Property Summary

Business Snapshot

Price: $1,157,000 Net Profit: $141,690 Remuneration / Body Corp Salary: $94,078Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $520,000Bedrooms: 4Bathrooms: 2Car Spaces: 4Office: On TitlePets OK: Yes
Large 4 bedroom residence, 2 bathrooms, Air conditioning and ceiling fans, Pet permitted with Body Corporate approval

Complex Information

Complex Type: PermanentTotal Units in Complex: 49Total Units in Letting Pool: 18Permanent Units: 18Owner Occupy Units: 27Outside Agent Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 18 yearsPool: YesIndoor Pool: YesSpa: YesSauna: YesGym: YesTennis Court: YesGames Room: YesBBQ Area: YesPay TV: Yes

Marketing Agent


Marketing Agency

MR Sales

Gerard Dixon
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Parkwood, Queensland 4214 Exact map location not provided

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