Reedy Creek, Queensland

$1,100,000

Property Description

Business For Sale - One For The Family - ID 8026 H

- Permanent Management Rights For Sale
- 48 lot townhouse complex
- 8 in the permanent letting pool plus one outside rental
- Strong rental area, surrounded by schools
- Easy access to M1 for commuters
- Robina Town Centre & train station both nearby
- Just 7kms to Burleigh Beach
- Large office and workshop on title
- Additional bonus of no set office hours
- No requirement to live onsite
- Tropical pool area
- Very good salary
- Pet friendly complex
- Could be run by single operator

Well maintained complex with huge free standing 4 bedroom, 2 bathroom manager's home. The residence is air conditioned throughout and is also energy efficient with solar panels and solar hot water system. Large fenced backyard for the kids or pets which opens onto parkland, surrounded by bush. Great undercover entertainment area with plenty of space for outdoor activities. The large family area offers a separate entry and a wood fire place, this also has the potential to be converted into a granny flat. The manager's home & office also meet the new QLD smoke alarm compliancy.

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Net Profit: $101,000
Asking Price: $1,100,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Warren Oliver

Property Summary

Business Snapshot

Price: $1,100,000 Net Profit: $101,000 Remuneration / Body Corp Salary: $81,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 4Bathrooms: 2Car Spaces: 3Office: On TitlePets OK: Yes
Large 4 bedroom standalone home, not your usual kind of residence associated with management rights. Coupled with a good sized private back yard, large outdoor living area and space for a number of vehicles, this is ideal for a family as there is plenty of room for children and pets. The residence is also air conditioned.

Complex Information

Complex Type: PermanentTotal Units in Complex: 48Total Units in Letting Pool: 8Permanent Units: 8Owner Occupy Units: 37Outside Agent Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 15 yearsPool: Yes

Marketing Agent


Marketing Agency

MR Sales

Warren Oliver
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Reedy Creek, Queensland 4227 Exact map location not provided

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