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Coolangatta, Queensland 4225

$380,000

Management Rights

Quality Entry Level Buying

Management Rights for a Gold Coast complex to suit a small budget.
Price includes the business and 2 bedroom managers unit.
Showing a Net Profit of $45,000.pa

This business also includes a guaranteed managers salary paid by the body corporate of $19,764 pa (this increases each year with cpi), plus the management rights agreements are very secure term until May 2028.
Business can be easily operated by 1 person.
Offered for reluctant sale at $380,000 (which includes the managers unit priced at $310,000)

Talk to me about buying or selling your management rights, i have been selling management rights in Queensland for over 16 years from Cairns to the Gold Coast.
Marketing agent Monty Van Dyk 0413 770 636
www.montyvandyk.com

Business Features

Business Snapshot

Price: $380,000Adjusted Net Profit: $45,000 Trial: no

Managers Unit

Value of Managers Apartment: $310,000
  • Bedrooms: 2
  • Car Spaces: 1
2 bedroom, 1 bathroom apartment with great ocean views. Office in apartment. 1 Car parking space is included in Real Estate purchase.

Financial Snapshot

  • Net Profit: $45,000
  • Body Corporate Salary: $19,764

Complex Information

  • Total Letting Pool: 12
  • Agreement Module: Accommodation
  • Agreement Term: 25 years
This listing last updated: 5th Jul 2017

Marketing Contact

Monty Van Dyk

Marketing Agency

Monty Van Dyk

Alert Property Group Business

Map Location ( get directions )

Coolangatta, Queensland 4225 Exact map location not provided