Townsville, Queensland


Property Description

Business For Sale - Townsville - Management Rights Business Only - ID 8983 BL

- Management Rights For Sale
- Ideal For Working Couple
- Beautiful permanent complex with 28/80 in the letting pool
- Close to the waterfront, cafes, restaurants etc
- Great access to the airport, CBD and new sports stadium via public transport
- Salary over $123,000 with 3% increases annually
- Supportive committee and owners
- Growth potential through increasing the letting pool and repairs & maintenance work
- Can buy or rent a townhouse onsite - your choice
- Long agreements expiring 2041

This business only module is ideal for a working couple. The permanent complex is highly sought after and attracts quality tenants. The location is excellent, the onsite facilities great and workload manageable. Why would you want to live anywhere else in Townsville?

Net Profit: $154,716
Asking Price: $620,000

For further information or to arrange an inspection of this Townsville management rights business opportunity contact:

Listing Management Rights Broker
Tony Johnson

Property Summary

Business Snapshot

Price: $620,000 Net Profit: $54,716 Remuneration / Body Corp Salary: $123,109Body corp salary review: CPI Annually

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 80Total Units in Letting Pool: 28Permanent Units: 28Owner Occupy Units: 29Outside Agent Units: 22Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 15 yearsPool: YesPay TV: Yes

Marketing Agent

Marketing Agency

MR Sales

Tony Johnson
MR Sales


Listing Tools

Property Map

Map Location ( get directions )

Townsville, Queensland 4810 Exact map location not provided

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