Management Rights Mermaid Waters: - Our Listings

Management Rights

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Management Rights:

Tel: 0459229...

Mermaid Waters, QLD : $ 2,850,000

Last update: 13 May 2024.

Financial Data
Listing Status	current
Price	$ 2,850,000
Net Income (explanation)	$ 293,000 (actual)
Remuneration (explanation)	$ 200,567

Complex Specifics
Location (Read Suburb Profile)	Mermaid Waters QLD, 4218
Complex Features	Spa; Pool; Heated Spa; Sauna; Clubroom; 2 x BBQ areas; CCTV; Gated; Gymnasium;

Manager`s Realestate
Manager`s Bedrooms	4
Manager`s Bathrooms	2
Manager`s Car Spaces	4
Office Hours	none set
Manager's Realestate Value	$ 1,200,000

Letting Rights
Agreement Term	25 years
Agreement Remaining	20 years
Total Units	76
Units in Letting Pool	30
Outside Agents	7
Owner Occupiers	40

Beachside Permanent Ticks All The Boxes!

- 76 townhouses located in Mermaid Waters
- Opposite vibrant Nobbys Beach with plenty of cafes, bars, restaurants, shops and a short walk to the patrolled beach
- 30 Permanent Rentals
- Stunning 4-bedroom residence that is one of the best manager's residences you will find
- Large office attached and on title
- Accommodation module 20 years remaining
- Solid Body Corporate remuneration with CPI increases annually in May
- For the handy operator there is plenty of opportunity to increase net through maintenance and extra Body Corporate work.
- Current net profit $293,000
- Asking price $2,850,000(Listing ID: 21132858 )

REF: 21132858