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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
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Last updated  5 Feb 2019
Map for Birtinya QLD 4575
Resort Brokers Australia Pty Ltd
362 Montague Rd West End QLD 4101

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