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Supreme Permanent!!
Expression of Interest
Permanent management rights, Labrador QLD
A supreme gated permanent complex situated close to the Beach and The Broadwater. Within close proximity to excellent Public & Private schools, Gold Coast Hospital and Griffith University. A short drive to Australia Fair, Harbour Town, Southport Yacht and Surf Clubs, Marina Mirage, The Sheraton Mirage, Palazzo Versace and SeaWorld.
A secure complex where one can enjoy the resort style amenities on offer, including two large swimming pools, spa and tennis court along with BBQ entertaining areas throughout. Public transport in close proximity. Image might not depict this complex.
The managers 2 level property comprises 3 air-conditioned bedrooms, spacious lounge and dining area with adjoining fully equipped kitchen leading out to another entertainment area, large undercover courtyard and an on title office.
To arrange an inspection call: Gavin - 08854 or email:
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
More Information
- Total Purchase Price: Expression of Interest
- Net Income: $ 370,700
()
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 620,000
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?