Sea Breeze and Uninterrupted Broadwater Views!!
$620,300
Permanent management rights, Biggera Waters QLD
Sea Breeze and Uninterrupted Broadwater Views!!
This complex is ideally situated with uninterrupted views of the Broadwater and recently upgraded parkland and promenade walk with gym stations, covered BBQ facilities and newly refurbished beach area all directly across the road. Image might not depict this complex.
In addition this complex is close to all schools, shops, GC university Hospital and the bus stop is at the front door. There is a cycle and walking path directly in front of the property with flat terrain hugging the Broadwater all the way along to Surfers Paradise and beyond.
There is no need to live onsite and there are no fixed hours. Should you decide to live onsite you will enjoy views of the Broadwater and the beautiful lifestyle that captures spectacular sunsets and sunrises. Total area of this 1 bedroom unit (54m2), veranda (166m2) car park (17m2) and storage cage (1m2) totalling 238m2 all on title.
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: $620,300
- Net Income: $ 20,600
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This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 575,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 2.2
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?