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A PRIME AND LUXURY INVESTMENT THAT IS ONE OF THE BEST ON THE COAST... | Resort Brokers ID : MR008511
$2,615,000
Permanent Management Rights, BENOWA QLD
ResortBrokers presents a rare opportunity to secure luxury management rights in the desirable gated community, central Gold Coast.
Developed by an award-winning builder, this residential community offers first-class amenities, easy-to-maintain gardens, 25-years remaining on the BUGTA agreement and very attractive Body Corporate Salary. Additionally, the managers residence is one of the best on the coast offering 2 bedroom, 2 bathroom, 2 car, a private courtyard terrace, a top-end kitchen finish and loads of storage space.
- Award-winning developer's large residential masterpiece
- Community living at its finest, surrounded by professional golf courses, sporting precincts and shopping centres
- Effortless upkeep of gardens and common property
- Long-term stability with 25-year term remaining on BUGTA agreement
- Financial security with a healthy sinking fund and progressive body corporate
- Rewarding investment with a generous Body Corporate Salary
- Exclusive living in a highly desirable gated community
- Inspections are strictly by appointment only
Date updated: 22 Dec 2024 22:00:04
More Information
- Total Purchase Price: $2,615,000
- Net Income: $ 289,329
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 995,000
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.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?