Management Rights - Kangaroo Point, QLD

Kangaroo Point, QLD

$976,000

Property Description

Wonderfull complex on the river Kangaroo point

This complex has a beautiful unit in a great location with plenty of potential for the business. Current owners wish to retire after 10 years
Please contact Robert Collins Exclusive Agent on 0404678792 or robertc@raas.com.au
Financial Overview

Body Corp Salary:
56615
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
3%
Net Profit:
$78,686
Manager's Unit Price:
$740,000
Management Rights Price:
$236,000
Letting Business

Est. Year Built: 2002
Total Units In Complex: 27


Inside Letting Pool

Permanent: 5
Holiday: 0
Corporate: 0
Total: 5

Outside Letting Pool

Lock Up: 0
Outside Agents: 0
Self Managed: 0
Owner Occpd: 22
Total: 22

Number & Type In Letting Pool
Number Type Features
1 3 Bed unit Ducked air 3 car secured + Office + 2 bath
2 4 Bed Unit Ducked air 2 car secured + 2 bath
2 2 Bed Unit i bath air con 1 car
Tariffs

Booking Type Details
Permanent 3 bed $1,300 per week 4 bed $1,200 per week 2 bed $400 per week
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 2 Bathroom
Office Reception: None
Office Software:
Office Hours: n/a
Storage: Plenty
Office Computer: Yes
Module: Standard
Agreement Term: 10 years
Years To Run: 10years
Manager's Unit Description: Ducted air, en-suite, , dishwasher,marble bench tops and very modern in pleasant surroundings.

Facilities

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

Other Facilities: Pets allowed with approval. The tower block and all facilities in the complex front the Brisbane River.
Cleaning storeroom and Garden Shed.No gardening required!!
This is a most beautiful complex with minimal work and a wonderful place to live
GV compliant and just topped up.
The current manager is paid for the gardening work or it can be contracted out if required. There is minimal gardening with predominately structured and low maintenance gardens. Two long term rentals are next door.

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

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