Management Rights business for sale in Biggera Waters
- Management Rights
- Biggera Waters QLD 4216
- $2,565,000 (GST na)
UNDER CONTRACT - Large Permanent Complex
Metres To The Broadwater
- First time to the market since 2011
- 158 lots consisting of 3 bedroom townhouses and 2 and 3 bedroom units
- 3 bedroom managers residence, 2 bathrooms, ducted air conditioning, 2 car parks on title
- Large office on title with additional rear office space, air conditioned, kitchenette and toilet. No set office hours in agreements, REI Master software
- 25 year Accommodation module agreements with 19 years to run, Body Corporate remuneration $190,932, levies $115 per week
Complex facilities include 2 swimming pools, steam room, spa, media room, gym, security gated.
Huge potential to increase net profit with 20 outside agents, expenses include gardening, cleaning and maintenance.
Net Profit $365,000
Property Code: 727
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