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Address available on request North Ward, QLD 4810

Address available on request,
North Ward, QLD 4810

Hotel, Motel & Leisure

Price information

Sale

$1,150,000

Key property information

Land area

Floor area

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Immaculately Presented Permanent - Townsville - ID 9049

  • North Queensland Management Rights
  • Immaculately Presented
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: 309

Property ID: 504031831Last Updated: 19 Jun 2024

04880305...
realcommercial.com.au logo
Address available on request
North Ward, QLD 4810
Management Rights Sales - QLD & NSW
170 Scarborough Street
SOUTHPORT, QLD 4215
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