Proudly supported by all of the industry's leading brokers
Permanent and Gated!!!
$995,000
Permanent management rights, Surfers Paradise QLD
Beautifully presented gated complex offering great potential and no set office hours. It is a spacious, well designed and has superbly maintained facilities including a Resort style Pool & BBQ area.
This pet friendly gated complex is located just a few minutes walk to Chevron Islands many restaurants, bars, cafes and a short stroll to HOTA entertainment precinct, and Surfers Paradise beach. Images might not depict this complex.
The managers three bedroom two bathroom unit is spacious with an adjoining and separate office on title, and two secure car spaces. Fully functional kitchen, separate laundry, large airy lounge and dining room opens to a lovely easy care balcony. Good finishes, low Body Corporate fees and certainly well worth an inspection!!!
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: $995,000
- Net Income: $ 67,000
()
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 800,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 2.9
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?