Management Rights - Labrador, QLD

Labrador, QLD

$440,000

Property Description

2.4 multiplier PERFECT ADD ON TO EXISTING COMPLEX OR STAND ALONE FOR CARETAKING ROLE

2.4 Multiplier
OPPORTUNITY EXISTS TO OWN THIS COMPLEX IN Labrador and use it as add on or just simply run on its own. 1 MINUTE WALK TO BROADWATER.

Netting $48K
Unit $325 K (currently being rented out at $350 a week included in the Net)

Live off site
5 hours a week work
ONLY 3.2 MULTIPLIER.
15 UNITS IN TOTAL
7 O OCC.
7 IN POOL
1 OUTSIDE AGENT
BC SALARY $21,600K
16 YEARS LEFT ON AGREEMENT
CAN MAKE MORE $$$ ON REPAIRS AND MAINTENANCE IF YOU LIKE
POOL
NO BBQ
TOTAL PRICE OF BUSINESS AND UNIT $440,000

call Kerrie Lush on 0416 084 693
kerrie@raas.com.au
Financial Overview

Body Corp Salary:
21600
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
C.P.I
Net Profit:
$48,000
Manager's Unit Price:
$325,000
Management Rights Price:
$115,000
Letting Business

Est. Year Built: 1997
Total Units In Complex: 15


Inside Letting Pool

Permanent: 7
Holiday: 0
Corporate: 0
Total: 7

Outside Letting Pool

Lock Up: 0
Outside Agents: 1
Self Managed: N/A
Owner Occpd: 7
Total: N/A

Number & Type In Letting Pool
Number Type Features
7 2 Bed Unit 2 bathrooms, furnished & unfurnished
1 Bed
1 Bed
Tariffs

Booking Type Details
Permanent 300-350
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 2 Bedrooms , 1 Bathroom
Office Reception: None
Office Software:
Office Hours: none
Storage: Yes
Office Computer: nil
Module:
Agreement Term:
Years To Run:
Manager's Unit Description: Air/Coin, new floor tiling, fans, dryer, tiled throughout.

Facilities

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

Other Facilities: Close to all amenitites.

Property Agent

Kerrie Lush

Kerrie Lush

Phone: 0416 084 693
Office: 1300 282 370

Email Listing Agent

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