Redcliffe, Queensland

$1,998,000

Property Description

Business For Sale - Indulge in Luxury at Redcliffe - ID 8680 BL

Management Rights For Sale
Holiday management rights complex
MAJOR CAPITAL WORKS ABOUT TO BE STARTED AND READY FOR NEW OWNER

- Currently run under management
- 25 of the 40 apartments are in the letting pool (33 keys)
- Supportive Body Corporate committee
- Working with current managers to better the complex
- Located opposite patrolled beach
- Facilities include conference room, swimming pool, gym, BBQ and underground car parking
- Large manager's apartment with 3 bedrooms, 2 bathrooms, open plan living and large outdoor alfresco area plus external patio
- Located on the Redcliffe Peninsula waterfront precinct at Brisbane's award winning Sutton Beach. A mere stroll across the road to a patrolled beach. The Bee Gees famously once called this historical seaside town home and now, so can you!

Net Profit: $300,000
Asking Price: $1,998,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Brisbane management rights business for sale contact:

Listing Broker
Mark English

Property Summary

Business Snapshot

Price: $1,998,000 Net Profit: $300,000 Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $560,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: Exclusive UsePets OK: Yes
Large open plan apartment, 3 bedrooms, 2 bathrooms, Living area and main bedroom are air conditioned, Ceiling fans in all bedrooms, Large undercover alfresco area, Outdoor courtyard at the rear of the apartment

Complex Information

Complex Type: HolidayTotal Units in Complex: 40Total Units in Letting Pool: 25Holiday Units: 24Permanent Units: 1Owner Occupy Units: 11Outside Agent Units: 3Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 15 yearsPool: YesGym: YesBBQ Area: YesPay TV: YesWIFI: YesFunction Facilities: Yes

Marketing Agent


Marketing Agency

MR Sales

Mark English
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Redcliffe, Queensland 4020 Exact map location not provided

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