Varsity Lakes, Queensland

$640,000

Property Description

Business For Sale - Smaller Permanent Management Rights - ID 7973 BL

- Management Rights For Sale
- Ideal For Single Person
- 25 unit complex with 6 in the letting pool
- 5 outside agents to work on
- Security gated complex with swimming pool
- Agreements to be topped up
- Attached office on title with no set office hours
- No requirement to live onsite
- One person business
- Located in the centre of Varsity Lakes CBD
- Schools, Bond Uni and Robina Town Centre close by
- Pet friendly with Body Corporate approval
- Well presented townhouse complex with 3 & 4 bedroom units. The manager's residence offers three bedrooms, 2 bathrooms, air conditioning, garage and storage.

Net Profit: $45,000
Asking Price: $640,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast management rights business contact:

Exclusive Broker
Warren Oliver

Property Summary

Business Snapshot

Price: $640,000 Net Profit: $45,200 Remuneration / Body Corp Salary: $37,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $640,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Three bedroom townhouse with fenced yard, 2.5 bathrooms, Air conditioning, Single garage, Attached office

Complex Information

Complex Type: PermanentTotal Units in Complex: 25Total Units in Letting Pool: 6Permanent Units: 6Owner Occupy Units: 12Outside Agent Units: 5Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 14 yearsPool: Yes

Marketing Agent


Marketing Agency

MR Sales

Warren Oliver
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Varsity Lakes, Queensland 4227 Exact map location not provided

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