SOLD - Luxurious Beachfront, Easily Managed - 1P3482MR
HERVEY BAY MANAGEMENT RIGHTS FOR SALE – EXCLUSIVE TO CRE BROKERS
If you are seeking a very easy to run business in an ideal location with a very nice apartment to reside, this has to be the one.
This Management Rights is priced to sell quickly due to one of the owners having a deteriorating health condition. Don't delay!!
• No set office hours, work as you please!
• Same owners since its inception (opened in 2007)
• Very simple complex to run, easily by 1 person
• Resort Style living across from the beach/bay
• Every Unit is waterfront with expansive ocean views
TOTAL NUMBER OF UNITS: 40
Length of Agreements: 19 years remaining
Agreement Term: 25 years (Accommodation Module)
MANAGERS RESIDENCE: 2 x bedroom / 2 x bathroom, open plan, north facing with views
Price: Management Rights SOLD
Net Profit: $98,273 Remuneration / Body Corp Salary: $61,960Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $400,000Bedrooms: 2Bathrooms: 2Office: On TitlePets OK: Yes
Complex InformationComplex Type: n/aTotal Units in Complex: 40Total Units in Letting Pool: 15Holiday Units: 5Permanent Units: 10Owner Occupy Units: 23Outside Agent Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesGym: YesBBQ Area: Yes
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Fraser Coast