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

Next Business & Property Sales

Next Business & Property Sales

David Janett
Next Business & Property Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Runaway Bay, Queensland 4216 Exact map location not provided

Similar Properties

2 PERMANENTS FOR SALE ONLY ONE UNIT TO BUY NEAR ROBINA
New
Exclusive

MUDGEERABA
2 PERMANENTS FOR SALE ONLY ONE UNIT TO BUY...

$991,000
Net Income: $127,000
Managers Estate: $420,000 3 Bed - Bath
Letting Pool: 20
Remuneration: $74,793

RAAS Group

ASHMORE
Business For Sale - Gold Coast Permanent...

$1,149,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

MR Sales

COOLANGATTA
GREAT STARTER COMPLEX ON THE BEAUTIFUL...

$1,035,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers
Top of the line Gold Coast Permanent Complex offering luxury living with income in a sought after Hope Island address - 1P4395MR
Exclusive

HOPE ISLAND
Top of the line Gold Coast Permanent...

Management Rights $1,082,900
Net Income: $97,000
Managers Estate: $627,000 3 Bed 2 Bath
Letting Pool: 33
Remuneration: $86,700

CRE Brokers

RUNAWAY BAY
Business For Sale - Up Market Permanent...

$1,120,000
Net Income: $135,464
Managers Estate: $580,000 3 Bed 2 Bath
Letting Pool: 70
Remuneration: $100,000

MR Sales

SURFERS PARADISE
OFF THE PLAN - GOLD COAST

Off the Plan - Expressions of Interest
Net Income: $200,000
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Property Bridge