This building is situated right on the Broadwater with glistening water at your back door. Sit there is the afternoons and watch the boats sale past or the jets boats whizz past. This business has been in growth for the past few years and no reason to think it won’t keep going that way with good growth potential still available.
The business is accompanied by a very spacious 3 bedroom apartment with ensuite and wrap around balcony. No problems with space here and a place you can call home.
Manager’s Apartment: 3 Bedroom with Ensuite and A/C
Total Apartments in Building: 72 X 2 & 3 Bedroom Apartments
Total Apartments in Rental Pool: 33 X 2 & 3 Bedroom Apartments
Complex Facilities: 2 x Pools; 2 x Saunas; Tennis Court; BBQ
Module: Standard
Years to Run on Agreeements: 8 yrs
Equipment: Body Corporate
Pets: No
Assignment Clauses Signed: Yes
Office Program: Ezy Rez
Office Hours: 8.30am – 4.00pm M – F; 8.30am – 10.30am Sat (No P/Hol)
Storage: Large on Title Shed
Body Corporate Salary: $87,500
Manager’s Apartment Price: $550,000
Business Price: $745,000
Net Profit: $200,000
Every care has been taken to verify the accuracy of the information contained in this document, but no warranty (either express or implied), is given by the agent as to the accuracy of its contents. Proposed purchasers should conduct their own investigations into all matters relating to the proposed purchase of the management rights business.
Call Don Brady on 0400 211505 to book an inspection time on this fantastic property.