Management Rights - CLEAR ISLAND WATERS, QLD

CLEAR ISLAND WATERS, QLD

$1,100,000

Property Description

Outstanding Golf Course Lifestyle Business

Centrally located in the heart of the Gold Coast, close to all amenities and only minutes to the beach.

This high rise apartment building is adjacent to a popular golf course and has a resort style pool and 6 tennis courts. Very few areas and grounds to maintain, together with permanent residential letting ensures an enviable lifestyle choice.

Plenty of upside with minimal maintenance currently being done.

For additional information or to arrange an inspection please contact Tony Doulman on 0414 637 200 tonyd@raas.com.au
Financial Overview

Body Corp Salary:
121429
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$165,000
Manager's Unit Price:
$350,000
Management Rights Price:
$750,000
Letting Business

Est. Year Built: 1979
Total Units In Complex: 120


Inside Letting Pool

Permanent: 35
Holiday: 0
Corporate: 0
Total: 35

Outside Letting Pool

Lock Up: 0
Outside Agents: 10
Self Managed: 15
Owner Occpd: 60
Total: 85

Number & Type In Letting Pool
Number Type Features
6 2 Bed Apartments - UF some have fans
29 1 Bed Apartments - UF some dishwashers, some fans
36 2 Bed apartments - FF Undercover parking, dishwasher, some fans
Tariffs

Booking Type Details
Permanent 2brm - UF - $350-$410 1brm - UF - $290
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 2
Office Reception: Exclusive Use
Office Software: Crown
Office Hours: No set office hours
Storage: Yes - 1 x unit in East Tower
Office Computer: Yes
Module: Accommodation
Agreement Term: 25
Years To Run: 15
Manager's Unit Description: 2 x Air/Cons, 1 car accomm.

Facilities

Pool: Yes
Spa: No
Gym: No
Tennis Court: Yes
Sauna: Yes
Foxtel: Yes
Cable Installed: Yes
Pets Allowed: No
Barbeque Area: No
Wireless: No

Other Facilities: Broadband Wireless Internet Access available
Situated on Golf Course

Property Agent

Tony Doulman

Tony Doulman

Phone: 0414 637 200
Office: 1300 282 370

Email Listing Agent

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