Varsity Lakes, Queensland

$599,000

Property Description

CARETAKING ONLY

A great opportunity presents itself with this affordable Gold Coast Management Right business that can easily be operated by one person. Minimal hours per week for caretaking work with no set office hours. Simple entry level practise for a new or semi-retired manager who can still retain other personal activities. A term of 19 years remaining on Agreements.


Body Corporate income of $37,145 for this boutique gated Varsity Lakes community of 25 townhouses, all built to a high standard with quality finishes.


It is rare to find such a quality manager’s townhouse with 3 large bedrooms, 2.5 bathrooms, modern kitchen, a large office/4th bedroom, private court yard and all within walking distance to Bond University, Varsity College, cosmopolitan cafes and restaurants, parks, walking trails and playgrounds. Robina Town Centre and our stunning surf beaches are only a few minutes’ drive away.


Buyer may choose an option of Caretaking Only with Body Corporate salary of $37,145 p.a. ($40,000+ Including GST).


Total for sale price is $599,000 which includes the excellent quality manager’s townhouse.

Property Summary

Business Snapshot

Price: $599,000 Net Profit: $37,145 Remuneration / Body Corp Salary: $37,415Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $460,000Bedrooms: 3Bathrooms: 3Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 25Owner Occupy Units: 12Outside Agent Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesBBQ Area: YesPay TV: Yes

Other Features / Notes

It is rare to find such a quality manager’s townhouse with 3 large bedrooms, 2.5 bathrooms, modern kitchen, a large office/4th bedroom, private court yards.

Marketing Agent


Marketing Agency

Property Bridge

Jenny Zheng
Property Bridge

Phone

Listing Tools

Property Map

Map Location ( get directions )

Varsity Lakes, Queensland 4227 Exact map location not provided

Similar Properties

What an Opportunity - 2.9 Multiplier at one of Cairns Favourite Beaches
New
Exclusive

TRINITY BEACH
What an Opportunity - 2.9 Multiplier at one...

$669,000
Net Income: $128,000
Managers Estate: $295,000 3 Bed 1 Bath
Letting Pool: 40
Remuneration: $48,500

Calvin Bailey Management Rights
Located behind the Toowoomba Base Hospital on James Street, this short term accommodation business ticks all the boxes - 1P4782MR
Updated

NEWTOWN
Located behind the Toowoomba Base Hospital...

Management Rights $600,000
Net Income: $127,798
Managers Estate: $300,000 3 Bed 2 Bath
Letting Pool: 11
Remuneration: $14,773

CRE Brokers

LABRADOR
ENTRY LEVEL WATERFRONT PERMANENT

$740,000
Net Income: $86,843
Managers Estate: $360,000 3 Bed 1 Bath
Letting Pool: 38
Remuneration: $56,301

Property Bridge
Premier Location! Good occupancy!
Exclusive

SURFERS PARADISE
Premier Location! Good occupancy!

$565,000
Net Income: $74,785
Managers Estate: $340,000 2 Bed - Bath
Letting Pool: 15
Remuneration: $27,934

RAAS Group
Boutique offering in Coolum
Exclusive

COOLUM BEACH
Boutique offering in Coolum

$725,000
Net Income: $105,000
Managers Estate: $395,000 2 Bed 1 Bath
Letting Pool: 15
Remuneration: $38,000

Resort Management Sales
Business For Sale - Caretaking Only in This Easy Care Complex - ID 8949 BL
Updated

LABRADOR
Business For Sale - Caretaking Only in This...

$654,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

MR Sales