Management Rights - BETHANIA, QLD

BETHANIA, QLD

Offers from 1300000

Property Description

MANAGEMENT RIGHTS - BRAND SPANKING NEW AT BETHANIA

Work has started on this 95 townhouse, 5 stage project with completion due mid 2018
As of 15th June 33 units are under contract to investors. . The projected net income of $200k is based on 80% of the units being in the Managers rental pool at completion and any intending Purchasers should satisfy themselves with this figure. The Developer expects there will be more. A claw-back/claw-forward clause can be entered into in the contract process to safe-guard both Vendor and Purchaser. GST will be paid by the Purchaser on the business component only. The Developer has an expectation of offers from $1,3M including the Manager's house and office. What an opportunity to get in on the ground floor, so to speak, and build up your own sound business.
A copy of the Disclosure Statement and any other information required is available by contacting Jim Prentice 0412 984 684, E jimp@raas.com.au or your RAASRights Broker.
NOTE: Photograph as displayed is indicative only.

This is an off the plan and as such the business is subject to GST.
It is also a staged development with a claw back and claw forward agreed to by the Developer. It is estimated 80% of the units will be in a Manager's rental pool but the Developer expects a greater amount.
Financial Overview

Body Corp Salary:
Anniversary Of Body Corporate Salary:
N/A
Body Corporate Salary Review:
Net Profit:
Manager's Unit Price:
Management Rights Price:
Letting Business

Est. Year Built: 0
Total Units In Complex: 0


Inside Letting Pool

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

Outside Letting Pool

Lock Up: 0
Outside Agents: 0
Self Managed: 0
Owner Occpd: 0
Total: 0

Number & Type In Letting Pool
Number Type Features
Tariffs

Booking Type Details
Permanent
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size:
Office Reception:
Office Software:
Office Hours:
Storage:
Office Computer:
Module:
Agreement Term: 0
Years To Run: 0
Manager's Unit Description:

Facilities

Pool:
Spa:
Gym:
Tennis Court:
Sauna:
Foxtel:
Cable Installed:
Pets Allowed:
Barbeque Area:

Other Facilities:

Property Agent

Jim Prentice

Jim Prentice

Phone: 0412 984 684
Office: 1300 282 370

Email Listing Agent