Management Rights - Biggera Waters, QLD

Biggera Waters, QLD

1495000

Property Description

Waterfront Holiday and Permanent Complex

Waterfront Holiday Complex in Biggera Waters

This waterfront complex, a three level walk up offers a good return on investment and offers a great lifestyle choice. With a total of 65 apartments, the complex offers a mixture of permanent rental, owner occupied and holiday letting. Currently there are 27 units in the letting pool giving a nice additional income to the body corporate salary.

Features include 2 pools, half tennis court, large underground car park, gym, BBQ area and pay TV with NBN installed. The setting of the complex around the pool area and on the waterfront gives a fantastic holiday feel. It is well located with an easy drive to Harbour Town shopping centre and theme parks. Public transport is also close by.

The managers unit has three bedrooms with two large balconies. These flow through to opposite sides with one offering nice views overlooking the pool / waterfront areas. The office is separate from the unit, is on title and offers easy access from the apartment.

There are reasonable office hours with the ability to have staff run the office.

This complex is worth a visit to inspect so call today to discuss.

Love The Lifestyle

Call Kerrie Lush 0416 084 693
Financial Overview

Body Corp Salary:
88976
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
Net Profit:
$223,348
Manager's Unit Price:
$430,000
Management Rights Price:
$1,065,000
Letting Business

Est. Year Built: 1988
Total Units In Complex: 65


Inside Letting Pool

Permanent: 14
Holiday: 14
Corporate: N/A
Total: 28

Outside Letting Pool

Lock Up: 5
Outside Agents: 5
Self Managed: N/A
Owner Occpd: 27
Total: 37

Number & Type In Letting Pool
Number Type Features
2 3 Bed Apartment
29 2 Bed Apartment
Bed
Tariffs

Booking Type Details
Permanent 380 - 400 Per Week
Corporate
Holiday 150 - 250 Per night
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 2 Bathroom
Office Reception:
Office Software: Hirum
Office Hours: No set office hours for management rights. Hours for holiday rental as follows: Mon - Fri 8:30 am - 5:00 pm Sat - 9:00 am - 2:00 pm Sun - 9:00am - 12:00 pm
Storage: Lock up cage
Office Computer: One office computer
Module:
Agreement Term: 17 (Just Topped Up by 5 years)
Years To Run: 17 / 25
Manager's Unit Description: This unit presents a perfect size to house a small family with its 3 bedrooms flowing through to balconies at either end.The Main kitchen area fits in perfectly to the lounge and dining area continuing through to the front balcony which overlooks the pool

Facilities

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

Other Facilities:

Property Agent

Kerrie Lush

Kerrie Lush

Phone: 0416 084 693
Office: 1300 282 370

Email Listing Agent

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