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  • management rights Gold Coast
  • management rights Gold Coast
  • management rights Gold Coast
  • management rights Gold Coast
  • management rights Gold Coast
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph
  • Listing Photograph

Enviable Location on the Broadwater!!

$1,889,000

Resort / Holiday management rights, Labrador QLD

Enviable Location on the Broadwater!!

This sea facing hi-rise complex is ideally located and offers not only excellent resort facilities and sea views, but is located close enough to fabulous beaches, numerous schools, Hospitals, University, shopping centres, sports facilities, sports stadiums and the Theme Parks.

A well-managed complex in such a convenient location offering first-rate facilities such as a heated swimming pool, half size tennis court, BBQ, games room and Wi-Fi. Some images might not depict this complex.

A complex with highly supportive residents and committee, and a complex welcoming repeat guests with an approximately 80% occupancy history.

The managers 2 bedroom, 2 bathroom apartment with open plan lounge and dining area leading off from a fully equipped modern kitchen with water views, and with access to an office that overlooks the Broadwater and the ever changing magnificent seascape.

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

Financial Overview

  • Total Purchase Price: $1,889,000
  • Net Income: $ 235,200 ()
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 890,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Multiplier: 4.2
    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.

Letting Business

  • Letting Pool: 12
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 0
    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: 0
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 39
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 87,800
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 10 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: 0 years
    How long has the management rights existed.
  • Office Hours: M-F: 8:30am to 5pm
    Required Office Hours
  • Complex Features:
  • Real Estate Component

  • Manager's Unit:   2 2
  • Included Real Estate: $ 890,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 1
  • 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_7566563%2F1.jpg Click here to view full profile for: Gavern Property

    Portrait

    Gavin Mattig

    Office : 0409608...
    Mobile : 0409608...

    Gavern Property

    http://www.gavernproperty.com.au


    Send an Email:

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    • Property ID: 21122995
    • Broker's Ref:
    • =7566563
    • Last Update: 1 week ago.
    • Listing Type: Resort / Holiday
    • Price: $1,889,000
    • Labrador, QLD

    Agent Details

    %2Fusers%2Flogo_7566563%2F1.jpg Click here to view full profile for: Gavern Property

    Portrait

    Gavin Mattig

    Office : 0409608...
    Mobile : 0409608...

    Gavern Property

    http://www.gavernproperty.com.au


    Send an Email:


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    If you're interested in a property advertised on this website, please call the manager or broker whose details are on the listing. For any other matters, please get in touch with us below, we'd love to hear from you!

    Office : 111 Eagle St, Brisbane Q 4000
    Call : +61 7 3868 4047
    Agency Principal : 0407 769 944
    (DO NOT CALL THIS NUMBER IF YOU ARE A TENANT OR PROSPECTIVE TENANT!)
    Mail: info@TheOnsiteManager.com.au

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