This is nearly new at not even 2 years old yet. Big spacious manager’s unit with fourth bedroom or second office or sewing room or whatever you would like it to be. The main bedroom upstairs has an ensuite with good size main bathroom and 2 other bedrooms with the fourth being downstairs.

Nice living areas and kitchen with stone benchtops and European Appliances, polished wooden stairs and ducted air-conditioning throughout including the main spacious office on title. Has a courtyard at rear with some other convertible exclusive use yard space right beside the manager’s back yard. There is a large double door body corporate shed and other storage space on site.

Manager’s Apartment: 4 Br ensuited plus office with ducted air
Total Units in Complex: 57 X 3 Br Townhouses
Total Units in Rental Pool: 53 X 3 Br Townhouses
Complex Facilities: Pool
Module: Accommodation
Years to Run on Agreements: 23 years
Equipment: Body Corporate
Pets: Yes – automatic for manager
Ass Clauses Signed: Yes
Office Program: Caretaker
Office Hours: Nil
Storage: Plenty

Body Corporate Salary: $58,964
Manager’s Unit Price: $399,000
Business Price: $905,000

Net Profit: $190,000

The business has very little repairs and maintenance income in the figures so this provides a good upside and rentals are going up as we speak ensuring increase bottom line and a further Body Corporate Salary increase in July.

There is a cole supermarket and strip shops opposite the complex along with all medical facilities on the opposite corner. Council have just constructed a heated pool, full library, meeting and internet rooms along with a Council Office and Cafe right across the road. Theme parks only minutes away and Southport 15 minutes away in one direction and Brisbane 25 – 30 minutes in the opposite direction.

Call Don Brady now on 0400 211505 for an inspection of this impressive property and we are sure you will be delighted with what you see and the ease of the operation.

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.