Management Rights - PARKWOOD, QLD

PARKWOOD, QLD

$1,157,000

Property Description

Permanent complex with stunning house to live in !!!!!

This is a fantastic opportunity to purchase an upmarket family home in a sought after complex with a large management rights income. No office hours and low maintenance gardens gives you the freedom to work your own hours and experience the true Gold Coast lifestyle.

A caretaking salary of $94 K plus additional maintenance and rental management income giving you a net profit of $141,690, this is a superb semi-retirement investment. The manager’s house has 4 bedrooms, large living dining, separate office and double garage with storage area. The balcony off the lounge is the perfect place to enjoy your morning coffee or a relaxing drink at the end of the day.

Castles in the Sky is located in the beautiful suburb of Parkwood just 3 km’s west of Southport. Parkwood is characterized by leafy, green streets, well-kept gardens and detached homes. Centrally located with easy access to the M1, Smith Street motorway & the Glink light rail makes it easy to get anywhere on the Gold Coast or further afield North or South.

The complex has security gates and resort like facilities that include outdoor & indoor pools, spa & sauna, tennis court, fully equipped gym and a recreation room and BBQ / entertaining area.
The free standing houses gives you the advantage of large living areas with privacy while you have the benefits of reasonable body corp fees with great facilities, security and an onsite Manager.

Contact me today to discuss and arrange an inspection
Kerrie Lush 0416 084 693
Love the Lifestyle
Financial Overview

Body Corp Salary:
94000
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$141,690
Manager's Unit Price:
$520,000
Management Rights Price:
$637,000
Letting Business

Est. Year Built: 1994
Total Units In Complex: 49


Inside Letting Pool

Permanent: 18
Holiday: 0
Corporate: 0
Total: 18

Outside Letting Pool

Lock Up: 0
Outside Agents: 4
Self Managed: 0
Owner Occpd: N/A
Total: 26

Number & Type In Letting Pool
Number Type Features
3 Bed FREE Standing Townhouses 2 car lockup garage, dishwasher, ensuite, most with A/C
4 Bed FREE Standing Townhouses 2 car lockup garages, dishwasher, ensuite,most with A/C
Bed
Tariffs

Booking Type Details
Permanent 3 bed $430-475 4 bed $467-500
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 4 Bedrooms , 2 Bathroom
Office Reception: On Title
Office Software:
Office Hours: none stated
Storage: Great - including workshop
Office Computer: Yes
Module: Accommodation
Agreement Term: 25
Years To Run: 23
Manager's Unit Description: Very Spacious freestanding townhouse. Beautiful North aspect, new carpet & freshly painted. 3 split system air-condition units, fans. Large workshop & double lock up garage with more parking space on the drive

Facilities

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

Other Facilities: There are 2 pools one of which is indoor heated pool. Large Body Corporate Salary. Manager may have Pet with Body Corporate Approval. Walk to shops, handy to M1 and short drive to Huge NEW Westfield Shopping Centre.

Property Agent

Kerrie Lush

Kerrie Lush

Phone: 0416 084 693
Office: 1300 282 370

Email Listing Agent

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