Desirable Location - Secure Complex!!
$2,198,000
Permanent management rights, Carrara QLD
Desirable Location - Secure Complex!!
This classy, contemporary Mediterranean style complex offers excellent resort facilities and is located close to fabulous beaches, numerous schools, Carrara indoor sports facilities, sports stadiums, Pacific Fair and Robina shopping centres, Nerang train station, the M1 and, of course, iconic Golf Courses.
Set amongst meticulously tended scenic garden surrounds, this secure, well managed complex in such a convenient location offering first-rate facilities such as a swimming pool, gymnasium and resident's lounge, is also pet friendly. Images might not depict this complex.
A complex offering long term agreements, highly supportive residents, committee, no fixed hours, superb lifestyle and a salary close to 70% of the net profit.
The managers apartment features 2 bedrooms, 2 bathrooms with new premium carpets, studio/cum third bedroom, air conditioned and spacious open plan lounge and dining area with hybrid timber flooring, leading off from a fully equipped and modern kitchen with stone bench top, large matt black utility sink and tap, and also leading out to a huge enclosed, private courtyard with storage. An on-title office and lock-up garage adjoins.
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: $2,198,000
- Net Income: $ 242,000
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This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 900,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.4
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?