Skip to main content

Management Rights business for sale in Birtinya

  • Management Rights
  • Birtinya QLD 4575
  • $915,000 + Clawbacks

Stunning New Off the Plan Permanent – Sunshine Coast | Resort Brokers ID : OTP004922


Moko is a mixed-use development that comprised of 55 residential apartments, over 1,700sqm of retail/commercial including a waterfront restaurant and commercial space that occupies both the ground and first floors. This will be completed in stages.

- Caretakers agreement $72.500 x 3.5 multiplier = $250,000
- Units secured to date 10 at $7,000 per lot = $70,000
- Clawbacks at $7,000 per additional unit in letting pool
- Total sale price will be $915,000 +/- clawback
- The first stage has opened April 2018 – Final stage projected early 2018
- The managers three bedroom residence will be available to be occupied until stage two – approx. Late September 2018
- Located in the largest growth area on the Sunshine Coast
- 25-year agreements on the residential schemes
- 10-year agreements on the principal scheme (to be changed to 25 years)
- The manager's residence consists of three bedrooms two bathrooms a media room and a large outdoor entertaining area
- Managers Residence $595,000
- $72,500 body corporate salary on completion of all stage
- Detailed Information memorandum available on request

NB: Property inspections are by appointment only

Business Highlights

Business ID2013987058
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  5 Feb 2019
Map for Birtinya QLD 4575
Resort Brokers Australia Pty Ltd
362 Montague Rd West End QLD 4101

Ask Glenn Millar about this business

By sending this message, you agree to our Privacy Policy.

CallEmail