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  • Management Rights Gold Coast
  • Listing Photograph

Broadwater/River frontage/launch the jetski

$950,000

Permanent Management Rights, SOUTHPORT QLD

River Waterfront - Permanent - You cannot get any closer to the water - waterfront complex - moorings available so bring your boat and jet ski - relax, fish and enjoy the tranquillity alongside the river - a spot desirable by many. The property is within walking distance to the light rail station, buses, broad water parks, Australia Fair, restaurants, sporting facilities, medical centre and Woolworths. Easy access via the road network to private schooling, hospitals, Casino, Exhibition Centre, Pacific Fair and main arterial to Brisbane or Coolangatta. Spacious, professionally valued and renovated ground floor 2 bedroom unit - large open plan lounge / dining room / kitchen, main bedroom with ensuite, separate laundry, some storage, lockup garage for Manager, swimming pool and BBQ facilities overlooking the water. No recorded working hours!! Take advantage of a good business in a vibrant and expanding area and enjoy a lovely home... call for an inspection.

More Information

Financial Overview

  • Total Purchase Price: $950,000
  • Net Income: $ 85,181 (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.

Letting Business

  • Letting Pool: 13
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 24
    Number of units resided in by their owners.
  • Lock Ups: 0
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 3
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 37
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 68,428
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 9 years
    How long is the caretaking contract.
  • Agreement Remaining: 9 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 30 years
    How long has the management rights existed.
  • Office Hours: None in agreement
    Required Office Hours
  • Complex Features: 0
  • Real Estate Component

  • Manager's Unit:   2 0
  • Included Real Estate: $ 0
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 0
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: yes
    Can the manager own a pet on site?
  • Unit Features:
  • Listing Agent Contact Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Raas Group

    Portrait

    Kerrie Lush

    Office : 0755930...
    Mobile : 416084693, or 416084...

    Raas Group

    http://www.raasrights.com.au


    Send an Email:

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    • Property ID: 21085419
    • Broker's Ref: eagle_871295
    • =755052
    • Last Update: 2 months ago.
    • Listing Type: Permanent
    • Price: $950,000
    • SOUTHPORT, QLD

    Agent Details

    %2Fusers%2Flogo_755052%2F1.jpg Click here to view full profile for: Raas Group

    Portrait

    Kerrie Lush

    Office : 0755930...
    Mobile : 416084693, or 416084...

    Raas Group

    http://www.raasrights.com.au


    Send an Email:


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