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Easy to run townhouse complex management rights at Labrador

$740,000

Labrador, Queensland

Easy to run townhouse complex management rights at Labrador

About the business
⚫ Easy to run business with only one person needed;
⚫ Easy to care duties in a small quiet complex, no BBQs to clean;
⚫ Supportive body corporate committee;
⚫ Potential to increase profit by doing maintenance jobs, as current manager is not doing any;
⚫ No fixed office hours;
⚫ 20 year agreement with about 16 year remaining;
⚫ Ideally suited to a single or couple who would like a balance between work and life.

Features

Business Snapshot

  • Price: $740,000
  • Net Profit: $83,501

Managers Unit

  • Value of Managers Apartment: $360,000
  • Bedrooms: 3

Complex Information

  • Complex Type: Permanent
  • Total Units in Complex: 38
  • Total Units in Letting Pool: 15
  • Holiday Units: 15
  • Owner Occupy Units: 17
  • Agreement Term: 20 years
  • Agreement Term Remaining: 16 years

Business Links / Tools

Last updated: 5th June 2019

Summary

Property Type
Business
Contract Type
For Sale
Location
 Labrador
State
 Queensland
Price
$740,000
Category
  • Management Rights
  • Property/Real Estate

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