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Management Rights business for sale in Andergrove

  • Management Rights
  • Andergrove QLD 4740
  • $580,000 (GST na)

1.86 Multiplier with 3-Bedroom Residence ID 9144

Retirement Village Management Rights for Sale
No Facilities - What a Bargain for Quick Return!

- No set office hours.

- No pool, BBQ, or facilities to maintain, meaning the manager's workload is limited to minimal garden maintenance.

- Body corporate salary of $86,376 plus GST.

- Net operating profit of $123,438.

- All permanent rentals with a letting pool of 35 out of a total of 38 units, with 1 managed by an outside agent.

- Long-term agreement of 20 years, with 18 years remaining.

- Large manager's residence with 3 bedrooms, 2 bathrooms, and 1 car park.

- Manager's exclusive use office of 20 square meters.

- Potential for further business upgrades.

- Total asking price of $580,000 (including large 3-bedroom manager's unit).

If you want a quick and good return on business, look no further. You won't find this kind of super deal anywhere else.

Net Profit: $123,438
Asking Price: $580,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:
Management Rights Broker
Bill He

Property Code: 822

Management Rights Sales
Management Rights Sales
170 Scarborough Street
Southport, QLD 4215

Business Highlights

Business ID2019350461
Floor AreaAsk Business Broker
Category
Last updated  10 Sep 2024
Map for Andergrove QLD 4740
Map for Andergrove QLD 4740Andergrove QLD 4740
Inspections
Documents
Management Rights Sales
Management Rights Sales
170 Scarborough Street
Southport, QLD 4215

Business Highlights

Business ID2019350461
Floor AreaAsk Business Broker
Category
Last updated  10 Sep 2024

Listed by

Bill He
Management Rights Sales
Call
0439 288 960

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