Waterfront Permanent Complex
$1,913,000
Permanent Management Rights, BIRTINYA QLD
Waterfront Permanent Complex in the heart of Sunshine Coast with excellent systems in place.
Regatta Waterfront Apartments at Lake Kawana, Sunshine Coast, was the first absolute waterfront apartments to be developed on the shores of beautiful Lake Kawana and set the standard for premium lakefront living. All apartments receive unobstructed views of Lake Kawana.
Wonderful views of the lake and top level apartments even have views of the ocean. All apartments receive views of the Glass House Mountains, Buderim and Mt Coolum. There is so much happening in the Kawana Business Centre area with the Sunshine Coast University Hospitals, Shopping Centre and local bars and restaurants and retail outlets.
Fantastic three bedroom, two bathroom apartment on the 5th level with wonderful unobstructed views of Lake Kawana. North side and corner apartment in the best position in the complex. Many extras fitted including stunning sliding plantation shutters.
Close to world class beaches - Mooloolaba Beach, Kawana Beach, Currimundi and Dicky and Moffat and Caloundra - Take your pick!
Excellent schools/ University close by. Good storage.
More Information
- Total Purchase Price: $1,913,000
- Net Income: $ 190,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 998,000
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?