Runaway Bay, Queensland

Management Rights $1,196,545

Property Description

Northern Gold Coast - Management Rights - Quality Permanent - 1P4263MR

* High quality, gated Town House / Villa complex in a prime northern Gold Coast location with total of 70 properties including waterfront canal homes.

* Secure business with approx. 75% of income coming from Body Corp salary, plus a small letting pool with high rental demand.

* Long term agreements – Accom. module

* No set office hours. Pet friendly complex.

* Large 3 Bed / 2.5 Bath Manager's Villa with double garage. Separate, exclusive use Manager's office and storage.

* Ideal for those looking for a healthy outdoor lifestyle in beautiful surroundings, with facilities including lagoon style swimming pool, spa, gymnasium, tennis Court, BBQ area and boat ramp.

* 17/18 year P & L prepared by Industry Accountant.


Net Profit – $135,464
Business -- $611,545 ( 4.5 x Multiplier )
Manager's Lot $585,000

Total Price $1,196,545

Property Summary

Managers Unit

Complex Information

Total Units in Complex: 0

Other Features / Notes

A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, B:MOTEL, C:QLD - Gold Coast/Brisbane

Marketing Agent


Marketing Agency

CRE Brokers

Jim Lowe
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Runaway Bay, Queensland 4216 Exact map location not provided

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