BEAUTIFUL CURRUMBIN CARETAKING ONLY - COASTAL LIFESTYLE BUSINESS

$1,150,000

Caretaking management rights, Currumbin QLD

Located in the beautiful Southern Gold Coast suburb of Currumbin, The Domain is a short walk to the great cafes and restaurants of Currumbin Beach and is minutes away from some of the best beaches on the Gold Coast. This complex ticks all the boxes for someone looking to secure a caretaking only business where you set your own hours and enjoy everything this beautiful location has to offer.

The property comprises of 32 units, all permanent. There is a beautiful swimming pool and well maintained lush tropical gardens. Body Corporate owns and maintains all equipment required to manage the complex.

- Easy complex to manage
- Fantastic location
- No set office hours
- Excellent lifestyle business
- Beautiful 3 bedroom apartment
- BC Salary $66,653

Call now to book an inspection.

More Information

Financial Overview

Total Purchase Price: $1,150,000
Net Income: $ 66,653 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 950,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: undisclosed
_{Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.}

Letting Business

Letting Pool: TBC
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 0
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 32
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 66,653
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 10 years
_{How long is the caretaking contract.}

Agreement Remaining: 8 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 30 years
_{How long has the management rights existed.}

Office Hours: No Set
_{Required Office Hours}

Complex Features: Swimming Pool

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 950,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 1

Office On Title: 0
_{Is there a manager's office included on the title?}

Pets: Yes
_{Can the manager own a pet on site?}

Unit Features: Excellent modernised freshly painted 3-bedroom, 2-bathroom managerâs residence with a beautiful outdoor living space amongst tropical gardens.