North Queensland Management Rights
North Ward - Townsville
- Permanent management rights complex
- 93 apartments over 5 towers
- 14 apartments in the letting pool, 3 outside agents and 75 owner occupiers
- Body Corporate salary of $162,631
- Accommodation Module agreement with 20 years remaining
- Average rents in excess of $500 per week
- Cloud administration system - Console Cloud
- Generous 2-bedroom manager's residence
- Additional studio apartment
- Pet permitted with Body Corporate approval
- Large real estate sales revenue stream
- Opportunity to earn significant sales commission and potential for extra income.
This permanent management rights complex has undergone a number of maintenance and improvement projects in the last 12 months. Easily managed by an active two-person team.
Net Profit: $187,000
Asking Price: $1,150,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of the North Queensland Management Rights business contact:
Management Rights Broker
Antonio Curulli
Property Code: 535