Parrearra, Queensland

$1,340,000

Property Description

Kawana Island Caretaking Only

The work here involves the general caretaking (no letting) to the large (around 13 acres) over 50’s village.

Good sized managers unit with a private rear courtyard area which is mostly covered. Plenty of equipment for incoming manager – nothing to spend.

The current manager has averaged an additional $40k per year over the last 3 years selling villas in the complex.

Property Summary

Business Snapshot

Price: $1,340,000 Net Profit: $158,000 Remuneration / Body Corp Salary: $160,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $550,000Bedrooms: 3Bathrooms: 2Office: On TitlePets OK: Yes

Complex Information

Complex Type: RetirementTotal Units in Complex: 165Owner Occupy Units: 150Outside Agent Units: 15Agreement Term: 10 yearsAgreement Term Remaining: 8 years yearsPool: Yes

Marketing Agent

Matt Campbell

Marketing Agency

Australian Resort Management Sales

Australian Resort Management Sales

Australian Resort Management Sales

Matt Campbell
Australian Resort Management Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Parrearra, Queensland 4575 Exact map location not provided

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