Biggera Waters Qld 4216

S1,075,000
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SO EASY FOR FIRST TIMERS AND RETIREES

Management Rights Gold Coast - Biggera Waters Qld

A 58-unit complex set in well-maintained gardens, featuring:
• Swimming pool
• Tennis court
Located close to:
• Public transport
• Shopping centres, Runaway Bay and Harbour Town
• Schools
• Main roads
• Hospitals

Business:
• No office hours
• Remuneration – $90,732
• Net profit – $100,353
• Letting pool (7)
• 10-year agreement, 8.5 remaining
Potential to increase revenue:
• Increase rental pool (8 outside rentals)
• Unit sales

SINGLE STORY Managers unit
3 bedrooms (1 used as office) 2 BATH, LOUNGE/DINER KITCHEN, LAUNDRY, PRIVATE COURTYARD

Property Features
Business Financials and Property Details
  • Nett Profit (Incl. BC Remuneration) $ 100,000
  • BC Remuneration (Salary) $ 90,732
  • Business Price $ 300,000
  • Managers Real Estate Price $ 775,000
  • Managers Unit Features 3 bed (1 as office) 2 bath, Lounge/dining room/ Kitchen
  • Complex Features Pool, Tennis Court
  • Total Number of Apartments/Townhouses 58
  • Managers Rental pool 7
  • Outside Agents Pool 8
  • Lock Ups 0
  • Owner Occupiers 43
  • Module Standard
  • Agreement Term (in Years) 5+5
  • Agreement Left (in Years) 8
  • Pets (with BC Permission) Yes

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