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Superb Beach Front Location priced to sell

SOLD

Maroochydore, Queensland

Superb Beach Front Location priced to sell

Looking at your options? where should you invest your hard earned dollars? how do you minimise risk?
Ask yourself this.... where else can you buy a business which offers you the following:
1. a guaranteed income paid monthly;
2. you can live and work onsite;
3. banks will lend up to 70% of the total business (including any real estate);
4. all purchase contracts are subject to financial verification and legal due diligence;
5. the business you are buying has been audited twice a year (no funny business going on, guaranteed);
6. your investment is secured by the property market;
7. your investing in a growth industry;

The MANAGEMENT RIGHTS for sale is for a business located on the Sunshine Coast at Maroochydore and offers the managers 3 bedroom plus ensuite managers unit (cost included in the total sale price) plus a business that returns a net profit (after operating expenses) of $189,000.pa this Complex is absolute beachfront location.

This business also includes a guaranteed managers salary paid by the body corporate of $42,500 (this increases each year with cpi), plus the management rights agreements are very secure over a 25 year term.
This business is offered for reluctant sale at $1,320,000 (which includes the managers unit priced at $570,000)


ALert Property specialise in the sale of Management Rights across Queensland, we have premium investment businesses available in all locations from Surfers Paradise and the Gold Coast, to permanent and corporate buildings in Brisbane, up to the wonderful Sunshine Coast and north to Townsville and Cairns, plus everything in between.
If you are genuinely looking at your lifestyle choices but have limited capital and looking to minimise risk, then consider buying Management Rights.

Contact marketing agent Michael Griffiths for further information.

Features

Business Snapshot

  • Price: SOLD
  • Net Profit: $189,000

Managers Unit

  • Value of Managers Apartment: $570,000
  • Bedrooms: 3
  • Car Spaces: 1
  • Office: On Title
  • Pets OK
  • 3 bedroom 2 bathroom unit with office attached. Private yard with plunge pool. Written valuation

Complex Information

  • Complex Type: Mixed
  • Total Units in Complex: 24
  • Total Units in Letting Pool: 15
  • Holiday Units: 15
  • Owner Occupy Units: 3
  • Outside Agent Units: 3
  • Lockup Units: 2
  • Manager Units: 1
  • Agreement Module: Accommodation
  • Agreement Term: 25 years
  • Agreement Term Remaining: 25 years
  • Pool
  • Sauna
  • Pay TV

Motel Information

  • Restaurant Facilities
  • Liquor Licence
  • Restaurant
  • Lease: -

Business Links / Tools

Last updated: 23rd February 2016

Summary

Property Type
Business
Contract Type
Sold
Location
 Maroochydore
State
 Queensland
Price
SOLD
Category
  • Management Rights
  • Motel

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