The Gap, Queensland

$620,000

Property Description

PREMIUM, NEAR-NEW BUSINESS-ONLY MANAGEMENT RIGHTS IN THE GAP | Resort Brokers ID : MRB006205

ResortBrokers are excited to present the permanent management rights to Hive, a boutique 61 townhouse community located in the thriving community of The Gap.


Built to an exceptional standard, the Hive takes executive townhouse living to an enitre new level. This is an outstanding opportunity for an experienced operator to acquire the established management rights to this mid-size development that was completed in 2019.



  • Permanent management rights on a business-only basis

  • 61 impeccably designed dual and tri-level townhouses completed in 2019

  • Accommodation module with 23 year remaining

  • Manageable caretaking duties

  • On-site swimming pool, stunning BBQ pavilion area and landscaped gardens

  • Body corporate salary of $61,000 (ex GST)

  • No requirement to live on-site or own a lot

  • Three and four bedroom floorplans, all with generous courtyard gardens

  • Option to buy one of the last remaining contemporary townhouses within the estate

  • Situated in one of Brisbane's most desirable inner-west locations - 10km to the CBD

  • Great shopping amenity within walking distance from Hive

  • 1 minute walk to "park and ride" bus service and easy access to main arterial roads

  • Renowned primary and secondary education centres in the region

  • Close to trendy boutiques, dining & cafe precints, parks, Golf Clubs & entertainment centres

Date updated: 27 Mar 2020 23:00:07

Property Summary

Business Snapshot

Price: $620,000 Net Profit: $110,638 Remuneration / Body Corp Salary: $61,000

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 61Total Units in Letting Pool: 20Holiday Units: 20Owner Occupy Units: 39Outside Agent Units: 2Agreement Term Remaining: 25 years

Marketing Agent


Marketing Agency

ResortBrokers

Tim Crooks
ResortBrokers

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Map Location ( get directions )

The Gap, Queensland 4061 Exact map location not provided

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