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Address available on request Andergrove, QLD 4740

Address available on request,
Andergrove, QLD 4740

Hotel, Motel & Leisure

Price information

Sale

$580,000

Key property information

Floor area

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Exclusive - 1.86 Multiplier with 3-Bedroom Residence – ID 9144

  • Extremely low multiplier of only 1.86
  • Good net profit of $123,438
  • Large 3-bedroom manager's unit
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:
Exclusive Management Rights Broker
Bill He

Property Code: 823

Property ID: 504616020Last Updated: 14 Jun 2024

04392889...
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Address available on request
Andergrove, QLD 4740
Management Rights Sales - QLD & NSW
170 Scarborough Street
SOUTHPORT, QLD 4215
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