An iconic landmark in Townsville steeped in history & advanced by innovation that has outstanding sea and island views of Cleveland Bay. The complex has 55 units of luxury living with beautifully manicured sprawling gardens and surrounds. Superbly located in a trendy suburb of Townsville that is loaded with great cafés, restaurants, other licensed venues, speciality stores, supermarkets, post office and the CBD all within walking distance.
Why you should purchase this great opportunity:
25 Year agreement
20 Year agreement term remaining
Large onsite office
Extremely well presented
Complex 1 - 6 Storey with lift access
Complex 2 - 5 Storey (including 2 storey car park & storage) with lift access
Indoor Pool
Airconditioned gym
Electric Gate Access
Fully secured complex
17 Units in the letting pool
Easily managed
Outdoor BBQ area
This Management Rights Agreement is for twenty-five years with the current owner running the business for the previous five years ending this December. There is a very large office within the complex for use by managers which is currently brand new and unused.
The complex is extremely well presented and kept in mint condition with systems and procedures put in place by the onsite managers, who share the workload with a part time staff member working 20 hours per week.
A combination of location and prestige living provides the owners with great lifestyle supported by a business that has a good net profit and body corporate remuneration. Due to the current owners wishing to retire, this business opportunity is now being offered to anyone wanting to take their lifestyle to the next level.
To operate in this management rights business, you will need to be at minimum an accredited residential letting agent for the leasing of apartments or a fully licenced real estate agent to include apartment sales.
