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Address available on request Townsville City, QLD 4810

Address available on request,
Townsville City, QLD 4810

Hotel, Motel & Leisure

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$710,000

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Prime Management Rights Opportunity in Townsville's CBD - ID 9083

North Queensland Management Rights
Low-Maintenance, High-Income Resort-Style Complex with Guaranteed Growth

- Guaranteed Income: Body Corporate salary of $127,561 gross a yearly increase of 3% or CPI, whichever is higher.

- Prime Letting Pool: Total of 33 apartments, with a mix of 2 and 3-bedroom units available as per enquiry.

- High Occupancy: Enjoy a remarkable 99% occupancy rate all year round.

- Amenities: Resort-style pool, BBQ area, Wi-Fi, and Cable TV, all within a beautifully maintained complex featuring lush gardens and an exclusive-use office.

- Supportive Community: Work with a supportive committee and owners.

- Long-Term Security: 22 years remaining on agreements following a recent top-up.

- Convenient Location: Built in 2006, just 50m from shopping and medical services, and a short drive to the airport.

Offered by Original Owner Operators
This easy-to-run, low-maintenance, resort-style complex is ideally located within the CBD on the water's edge. It can be managed by one person with occasional help, making it perfect for a single manager or a couple.

Additional Benefits:

- Flexible Living Arrangements: Live on-site for convenience or off-site for flexibility. (Current managers live on-site.)

- Multiple Income Streams: Benefit from various revenue opportunities within the business.

- Ideal Lifestyle: Experience Townsville's tropical summers and superb outdoor lifestyle.

Don't miss out on this exceptional opportunity to invest in a thriving business in a growing tropical city. Contact us today to learn more!

Total Income: $178,555
Asking Price: $710,000

For further information or to arrange an inspection of the North Queensland Management Rights business contact:

Management Rights Broker
Antonio Curulli

Property Code: 451

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Property ID: 504329084Last Updated: 31 May 2024

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