Townsville, Queensland

$960,000

Property Description

Business For Sale - Ideal Permanent Complex - ID 8959 BL

- Management Rights For Sale - Townsville
- No Requirement To Live Onsite
- Low maintenance grounds and solid salary
- 36 units in the letting pool
- 20 years remaining on agreement
- Good Body Corporate and strata manager
- 2 bed, 2 bath residence with huge attached office and 35m shed on title
- Manager currently rents out unit for $330 per week
- No need to live onsite and no set hours
- Close to major shopping centre and Army Headquarters
- Ideal first time complex with low maintenance grounds, onsite pool and no set hours. The 2 bedroom unit could easily be converted to 3 with minor cosmetic work - this would help it suit a family if needed or higher rent. Large shed on title for storage, workshop, boys toys and/or to also have new office if the office is converted to living space.

Net Profit: $136,677
Asking Price: $960,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Townsville Management Rights business for sale contact:

Listing Management Rights Broker
Tony Johnson

Property Summary

Business Snapshot

Price: $960,000 Remuneration / Body Corp Salary: $83,151Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $380,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Good sized ground floor unit, 2 bedrooms, 2 bathrooms, The attached office could easily be converted to 3rd bedroom or 2nd living area, Currently the unit is rented for $330 per week

Complex Information

Complex Type: PermanentTotal Units in Complex: 56Total Units in Letting Pool: 36Permanent Units: 36Owner Occupy Units: 9Outside Agent Units: 10Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: Yes

Marketing Agent


Marketing Agency

MR Sales

Tony Johnson
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Townsville, Queensland 4810 Exact map location not provided

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