Redland Bay, Queensland

$1,686,000

Property Description

Beautiful Bayside Lifestyle and Great Management Rights Business

- Permanent Management Rights with Net Income $228,602
- Located in the leafy, Bayside suburb of Redland Bay, about 1km to beach
- Conveniently close to shopping, restaurants, bus station and schools, 5 min walk to IGA Shopping Centre, 5 min ride to Victoria Point Mega Shopping Block, you have Coles, Woolworths, Aldi, Bunnings, Dan Murphy, cinema and all restaurants, everything as you want
- Well- presented complex provides the perfect environment to relax in
- Very well run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 23 years left on a 25 years accommodation module
- A great manager remuneration $111,420 with annual adjustment of CPI
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic 747 m2 manager residence
Freestanding single level house, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, one separate toilet, double garage and a large rear patio and entertaining garden area
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle

This is a rare opportunity to purchase such a beautiful lifestyle permanent management right!

Come and take a look we are sure you will be impressed!

Property Summary

Business Snapshot

Price: $1,686,000 Net Profit: $228,602 Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $520,000Bedrooms: 3Bathrooms: 2Car Spaces: 4Office: On TitlePets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 0Total Units in Letting Pool: 38Permanent Units: 38Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 Years yearsPool: YesGym: YesTennis Court: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

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David Jiang
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Phone

Listing Tools

Property Map

Map Location ( get directions )

Redland Bay, Queensland 4165 Exact map location not provided

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