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A Permanent Worthy Of An Inspection!!
$2,350,000
Permanent management rights, Labrador QLD
Tranquil, Elegant and Lifestyle!!
A permanent hi-rise complex designed to impress with its sprawling entrance and open spaces. Quality is unquestionable with a minimalist and homely style that embraces the concept of light, space and natural airflow in its design.
This complex design encourages you to enjoy the sunrises and sunsets through the floor to ceiling glass walls to make you truly appreciate its privileged location. Enjoy strolls in the park or along the Broadwater to the nearby restaurants as you step out of the complex.
In this exclusive complex, residents will also relish in five star amenities including a resort style swimming pool, sauna, spa, residents lounge, BBQ facilities, and an entertainment area. Exceptional lifestyle appeal combined with unparalleled views and luxury this is what dreams are made of.
As you step inside the beautifully renovated managers 2 bedroom, 2 bathroom apartment, you will feel a sense of grandeur with a spacious open plan living area that flows directly out onto a surround balcony, where you can fully appreciate the stunning Broadwater views that can never be built out. Floor to ceiling windows and glass sliding doors maximize the gorgeous views from inside and allow natural light to flood the space.
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: $2,350,000
- Net Income: $ 232,100
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This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,250,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.7
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?