Management Rights - BROADBEACH, QLD

BROADBEACH, QLD

$1,599,000

Property Description

MANAGEMENT RIGHTS - Good Repeat Business in Broadbeach

Close to the restaurant and shopping hub of the Gold Coast. Broadbeach has everything to offer all members in the family.

Light Rail, surf and sand, restaurants, shopping centres, theme parks, walks, convention centre and casino - you name it - all accessible from this property.

Good holiday management rights consisting of 30 units with 24 in the letting pool. 24 years to run!!!
Financial Overview

Body Corp Salary:
47952
Anniversary Of Body Corporate Salary:
N/A
Body Corporate Salary Review:
CPI
Net Profit:
222,070
Manager's Unit Price:
475,000
Management Rights Price:
1,124,000
Letting Business

Est. Year Built: 1997
Total Units In Complex: 30


Inside Letting Pool

Permanent: 1
Holiday: 23
Corporate: 0
Total: 24

Outside Letting Pool

Lock Up: 1
Outside Agents: 3
Self Managed: 0
Owner Occpd: 1
Total: 5

Number & Type In Letting Pool
Number Type Features
22 1 Bed Apartment spectacularly furnished in Santa Fe style
2 2 Bed Apartment spectacularly furnished in Santa Fe style
Tariffs

Booking Type Details
Permanent
Corporate
Holiday As per Rates Schedule and Season $100 - $300 PER NIGHT
Manager's Unit & Office

Manager's Unit Size: 2 Bed
Office Reception:
Office Software: Ezyrez
Office Hours:
Storage:
Office Computer:
Module: Accommodation
Agreement Term: 25
Years To Run: 24
Manager's Unit Description: Air-conditioned 2 bedrooms with 2 bathrooms. 2 Car spaces

Facilities

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

Other Facilities: Heated pool, spa, BBQ, Foxtel and free Wi-Fi

Property Agent

Barry Hewitt

Barry Hewitt

Phone: +61 401 195 013
Office: 1300 282 370

Email Listing Agent