Management Rights - EAGLEBY, QLD

EAGLEBY, QLD

$1,527,000

Property Description

4.9 X $210 624 and the choice of on-site or off-site management.

A 4.9 multiplier with a Net Profit of $210 624 makes this a must inspect business. A beautiful Queenslander house perched on its’ own block of 295 square metres. The complex and home are only eight years old. Opportunity abounds in this quiet and complete business/home package, not available since the complex first opened. The home at $495 000 is far superior in size, appointment and comfort to any townhouse lot in the complex. The complex is gated at both street entry points, fenced all round. Simply the best in the area with proven excellence in property management practices for the investor owner, and ambience for all residents. Look at the benefits: Net Profit $210 624; accommodation agreement with 22 years to run; Body Corporate Salary $100 224 which is indexed annually on the 20th September by CPI; Four bedrooms + three bathrooms + library + breezy covered veranda + separate large and well-appointed office on title + large sealed and polished concrete storage space behind the office. Eagleby South State School nearby, there are additional choices from both the Private and State School systems to cater to all children’s educational needs. To inquire and book inspections contact Peter Sagner by: Mobile 0401 814 404; e-mail peters@raas.com.au
Financial Overview

Body Corp Salary:
$100,224.00
Anniversary Of Body Corporate Salary:
20th Sep
Body Corporate Salary Review:
CPI
Net Profit:
$210,624
Manager's Unit Price:
$495,000
Management Rights Price:
$1,032,000
Letting Business

Est. Year Built: 2009
Total Units In Complex: 75


Inside Letting Pool

Permanent: 63
Holiday: 0
Corporate: 0
Total: 63

Outside Letting Pool

Lock Up: 0
Outside Agents: 1
Self Managed: 1
Owner Occpd: 10
Total: 12

Number & Type In Letting Pool
Number Type Features
47 3 Bed Townhouse A/C, Fans, Ens, D/Wahser, DLUG
16 3 Bed A/C, Fans, Ens, D/Wahser, SLUG
Tariffs

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

Manager's Unit Size: 4 Bed
Office Reception: None on Agreements but must be contactable by mobile telephone.
Office Software: REI Master
Office Hours: Nil stated
Storage: Extra large Polished + enclosed concreted area under the house
Office Computer:
Module: Accommodation
Agreement Term: 25
Years To Run: 22
Manager's Unit Description: Magnificient refurbished stand alone Queenslander on its own private lot with double lock up garage, 2 upstairs bathrooms, large veranda, big office with bathroom and more.

Facilities

Pool: YES
Spa: NO
Gym: NO
Tennis Court: NO
Sauna: NO
Foxtel: YES
Cable Installed: YES
Pets Allowed: YES
Barbeque Area: NO

Other Facilities:

Property Agent

Peter  Sagner

Peter Sagner

Phone: 0401 814 404
Office: 1300 282 370

Email Listing Agent