Runaway Bay, Queensland

$1,120,000

Property Description

Impressive Residential Estate Runaway Bay, Gold Coast.

This quality built security gated estate is situated in the heart of the Gold coast, close to all amenities and is nestled quietly between canals and major shopping and entertainment hubs . A substantial Body Corporate salary of $110,000 and manageable rent role contribute toward the very livable net profit of $135,000.

The managers three bedroom residence is generously proportioned and finished to a high standard. Attractive, private under cover alfresco dining and entertainment area flow from the open plan living areas. There are no set office hours stipulated in the agreements. Pets are permitted with body corporate approval.

The quality built security gated residential estate is beautifully maintained and has top class facilities including a large resort style pool, gymnasium, tennis court, boat ramp and community lounge.

The purchase price also includes a large inventory of equipment including a golf buggy, ride on mower and a range of commercial quality gardening equipment, all in excellent condition. The vast majority of the body corporate work involves the caretaking of the common garden areas, pool and gym. Additional income is derived from gardening services provided to individual lot owners. The position would ideally appeal to an active couple with an interest in gardening or with a desire to work outdoors.

Net Profit $135,000 , Managers residence $520,000.

For additional information or to arrange an inspection please contact the agent.

Property Summary

Business Snapshot

Price: $1,120,000 Net Profit: $135,463 Remuneration / Body Corp Salary: $110,000Body corp salary review: CPI Annually

Managers Unit

Bedrooms: 3Bathrooms: 2Car Spaces: 4Office: Exclusive UsePets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 90Total Units in Letting Pool: 13Permanent Units: 13Pool: YesSpa: YesGym: YesTennis Court: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

Next Business & Property Sales

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David Janett
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Map Location ( get directions )

Runaway Bay, Queensland 4216 Exact map location not provided

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