Management Rights:

Tel: 0459229...

Varsity Lakes, QLD : $ 1,195,000

Last update: 21 July 2021.
 management rights

Financial Data
Listing Status current
Price $ 1,195,000
Net Income (explanation) $ 112,000 (actual)
Remuneration (explanation) $ 58,180
Complex Specifics
Location (Read Suburb Profile) Varsity Lakes QLD, 4227
Complex Age 11years
Complex Features
  • Pool;
  • BBQ;
  • Lake Views;
  • Manager`s Realestate
    Manager`s Bedrooms 3
    Manager`s Bathrooms 2
    Manager`s Car Spaces 3
    Office Hours None
    Manager's Realestate Value $ 690,000
    Letting Rights
    Agreement Term 25 years
    Agreement Remaining 25 years
    Units in Letting Pool 26
    Outside Agents 8

    New - Highly sort after Permanent

    This is a fantastic 'Permanent' Management Rights business located in one of the most sort after suburbs on the Gold Coast. A combination of 1,2 & 3 bedroom apartments and villas with 26 rentals in the letting pool. This is well maintained and easily managed complex that is perfect for a new entrant to the industry and could be managed by one person. The managers have recently had an extension of their agreements and they are currently at 25 years. The manager's residence is a large, modern and well maintained villa with an office attached and separate downstairs potential granny flat with a kitchette. Current owners of the business are looking to retire.
    This is new to the market and won't last. Inspect today!


    REF: 21078272

    For All Enquiries

    Call Narelle Filmer
    Mobile: 0459229...

    Email Narelle Filmer


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