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Impressive Residential Estate – Runaway Bay, Gold Coast.

$1,196,545

Runaway Bay, Queensland

Impressive Residential Estate – Runaway Bay, Gold Coast.

This quality built security gated estate is situated in the heart of the Gold coast, close to all amenities and is nestled quietly between canals and major shopping and entertainment hubs . A substantial Body Corporate salary of $108,000 and manageable rent role contribute toward the very livable net profit of $135,000.

The managers three bedroom residence is generously proportioned and finished to a high standard. Attractive, private under cover alfresco dining and entertainment area flow from the open plan living areas. There are no set office hours stipulated in the agreements. Pets are permitted with body corporate approval.

The quality built security gated residential estate is beautifully maintained and has top class facilities including a large resort style pool, gymnasium, tennis court, boat ramp and community lounge.

The purchase price also includes a large inventory of equipment including a golf buggy, ride on mower and a range of commercial quality gardening equipment, all in excellent condition. The vast majority of the body corporate work involves the caretaking of the common garden areas, pool and gym. Additional income is derived from gardening services provided to individual lot owners. The position would ideally appeal to an active couple with an interest in gardening or with a desire to work outdoors.

Net Profit $135,000 , Managers residence $580,000.

For additional information or to arrange an inspection please contact the agent.

Features

Managers Unit

    Complex Information

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    Last updated: 26th September 2018

    Summary

    Property Type
    Business
    Contract Type
    For Sale
    Location
     Runaway Bay
    State
     Queensland
    Price
    $1,196,545
    Category
    • Management Rights

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    Contact

    Steve Gracie
    David Janett