Management Rights - REDCLIFFE, QLD

REDCLIFFE, QLD

$620,000

Property Description

MANAGEMENT RIGHTS - A TRUE HAVEN FOUND

This Retirement Village complex offers a lifestyle to be envied by most other Managements Rights Managers.

Lets look at the numbers and what is on offer here and you be the judge.

Firstly, you dont need a Real Estate License as there are no units in the letting pool, they are all owner occupied. This Caretaker role is just that, you will be responsible as the caretaker to maintain the low maintenance grounds and be available on call via a beeper to be there to assist the residence when required. (Excellent Body Corp)

Secondly, as you do not need a Real Estate License there is No Trust account to keep up to date.

Thirdly, there are no real expenses as per the normal run of the mill Management Rights, as the Body Corp refund all out of pocket expenses.

The current Caretakers have been onsite for some 15 years, this in itself should give you a huge clue to the security of being the next Caretaker in this complex.

The only reason for the sale of this outstanding opportunity is:- Retirement Beckons for the current Caretaker.

Unit $290,000
M.R Business $330,000
Total Price $620,000
With a B/C salary of $74,447.00 P.A

For further info on this complex contact Mike Mallory 0409 494 098 or email mikem@raas.com.au
Financial Overview

Body Corp Salary:
Anniversary Of Body Corporate Salary:
N/A
Body Corporate Salary Review:
Net Profit:
$74,447
Manager's Unit Price:
$290,000
Management Rights Price:
$330000
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

Mike Mallory

Mike Mallory

Phone: 0409 494 098
Office: 1300 282 370

Email Listing Agent