Boutique townhouse development in Gold Coast North growth corridor. | Resort Brokers ID : MR008507
$1,150,000
Permanent Management Rights, Ormeau QLD
ResortBrokers presents 'The Sanctuary', a boutique townhouse development in Ormeau. This gated community offers luxury living at a fraction of the cost, with modern, low-maintenance townhouses amidst lush landscapes. Residents enjoy a pool and barbeque area, with proximity to Gold Coast's top attractions. An ideal investment for first-time operators, it offers an easy-to-manage letting pool, low maintenance duties, and a handsome salary.
- Luxury living at a fraction of the cost in the boutique townhouse development, 'The Sanctuary'.
- Ideal location and proximity to Gold Coast's top theme parks, Sanctuary Cove, and Hope Island Resort.
- Secure gated community with lush landscaping, a residents' pool, and a barbecue area.
- Modern, low-maintenance townhouse complex.
- Easy-to-manage letting pool. Perfect investment opportunity for first-time operators.
- A handsome salary of $102,000.
- Inspections are by appointment only
Date updated: 12 Jan 2025 22:00:04
More Information
- Total Purchase Price: $1,150,000
- Net Income: $ 102,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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