COOMBABAH QLD 4216
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- 27 Oct 2016
Business For Sale - CONTRACT COLLAPSED - MOITVATED VENDOR - ID 8699 H
Generous Salary with Great Nett Return
- Permanent management rights business for sale
- Standout complex, ready for the astute buyer who requires a great return
- On offer is a sixty percent share as a working partner
- Generous managers salary and 60% of the remaining nett profit
- The complex is situated on the northern end of the Gold Coast in idyllic surroundings
- The working partner is left to work the property as they see fit
- A change in the current managers circumstances is the reason for the required sale
- Gross return to the working manager (including managers salary) is $272,800 p/a
- A free standing house, situated on a large 750m block makes the ideal home for a family.
Standout complex, ready for the astute buyer who requires a great return on investment. On offer is a sixty percent share as a working partner. The complex is situated on the northern end of the Gold Coast in idyllic surroundings. With the hard work completed, this is the time to take advantage of this great offering. It features a free standing house, situated on a large 750m block which makes it the ideal home for a family. Recently renovated, and with three bedrooms, study, two bathrooms and an attached office on title, this home stands out from the rest. Privacy is also assured with a large, fully fenced back yard. The bonus of a double lock up garage tops off the home and with the complex in such a tranquil and convenient location, this adds to an ideal Management Rights package.
Gross return to the working partner: $272,800 (inclusive of manager's salary)
Asking Price: $1,650,000 (60% Share)
For further information or to arrange an inspection of this Gold Coast management rights business for sale contact:
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information