Yorkeys Knob, Queensland

$649,000

Property Description

Business For Sale - Absolute Beachfront Yorkeys Knob - ID 8595 BL

North Queensland Management Rights For Sale
Absolute Beachfront
Motivated Vendors

- Mixed letting management rights for sale
- Consistent performer, strong tariff rates
- Guaranteed Body Corporate saley of $38,869
- 11 units in the letting pool, 7 x holiday and 4 x permanent
- Well maintained gardens, pool and BBQ area
- Supportive committee and owners
- 21 years remaining on Accommodation Module agreements
- Large office on title
- Generous 3 bedroom manager's apartment enjoying absolute beachfront location
- A large sinking fund of $115,000 to undertake many more improvements
- 500m from shopping, medical services and a 15 minute drive to Cairns International Airport

Escape the cold southern states and start your seachange adventure!

Net Profit: $79,000
Asking Price: $649,000
(Inclusive of manager's real estate priced at $399,000)

For further information or to arrange you inspection of this North Queensland management rights business for sale contact:

Management Rights Broker
Antonio Curulli

Property Summary

Business Snapshot

Price: $649,000 Net Profit: $79,000 Remuneration / Body Corp Salary: $38,869Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $399,000Bedrooms: 3Bathrooms: 2Car Spaces: 1
125m² residence, 3 bedrooms, 2 bathrooms, Pool access, Single car garage, Air conditioning, Ceiling fans, Quality finishes and modern kitchen appliances

Complex Information

Complex Type: MixedTotal Units in Complex: 18Total Units in Letting Pool: 11Holiday Units: 7Permanent Units: 4Owner Occupy Units: 2Outside Agent Units: 3Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent


Marketing Agency

MR Sales

Antonio Curulli
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Yorkeys Knob, Queensland 4878 Exact map location not provided

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