Rockhampton City, Queensland

$1,538,000

Property Description

Massive Price Reduction

Due to changing family circumstances this Reluctant Sellers, says, Its NOW time to Retire after 12 plus years in the business and both nearly in their 70's.

Put yourself in control of your own destiny and take a serious look at this complex.

Managers Residence
This truly spacious fully air conditioned 2 story home offers so much more than the usual mangers residence:-

All situated on 675m2 of land only metres away from the complex, which, affords you more privacy.

Something like what is on offer here, is truly a Resident Managers Oasis.

The Office /Unit Block offers:-
Main office area downstairs with kitchen facilities and storage, also you will find the WIFI internet room, Laundromat and extra storage. Upstairs is a fully self contained 1 bedroom apartment renting for $350 per week on a good lease.

The Management Rights Business

Most Management Rights Business's for sale today are very similar, which is Not the case here.

The office/ unit block for sale is an outstanding opportunity to grow the business from.

Massive Price Reduction
Managers Residence $386,000.00
Office /Unit Block $536,000.00
M.R Business $616,000.00
Total List Price $1,538,000.00
Net Income $220.000.00 P.A

Property Summary

Business Snapshot

Price: $1,538,000 Net Profit: $220,000 Remuneration / Body Corp Salary: $109

Managers Unit

Bedrooms: 4

Complex Information

Complex Type: PermanentTotal Units in Complex: 70Total Units in Letting Pool: 63Holiday Units: 63Owner Occupy Units: 4Agreement Term: 25 yearsAgreement Term Remaining: 21.5 years

Marketing Agent


Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Mike Mallory
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Rockhampton City, Queensland 4700 Exact map location not provided

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