Management Rights - Kangaroo Point, QLD

Kangaroo Point, QLD

$744,000

Property Description

Beautiful Lifestyle Complex Kangaroo Point

This property is being offered for the first time since 2004. Current managers wish to retire
This is a 10 year agreement and because the manager wants out he has instructed me to drop the multiplier to 3
Please contact Robert Collins Exclusive agent on 0404678792 or robertc@raas.com.au
Financial Overview

Body Corp Salary:
36429
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$48,000
Manager's Unit Price:
$600,000
Management Rights Price:
$144,000
Letting Business

Est. Year Built: 2000
Total Units In Complex: 22


Inside Letting Pool

Permanent: 6
Holiday: 0
Corporate: 0
Total: 6

Outside Letting Pool

Lock Up: 0
Outside Agents: 2
Self Managed: 0
Owner Occpd: 14
Total: 16

Number & Type In Letting Pool
Number Type Features
4 3 Bed Unit Air con ultra modern 2 car spaces 2 bath
2 2 Bed Unit Air con ultra modern 2 car spaces 2 bath
1 Bed
Tariffs

Booking Type Details
Permanent Rents between $500 to $650 per week
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 2 Bedrooms , 2 Bathroom
Office Reception: On Title
Office Software: caretaker
Office Hours: nil
Storage: Plenty
Office Computer: one
Module: Standard
Agreement Term: 10
Years To Run: 7
Manager's Unit Description: Ultra modern large with massive balcony plus study beautifully appointed right in the hart of Kangaroo Point city views and handy to shops, ferry and taxi

Facilities

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

Other Facilities: The current vendor will have GV taken out before settlement as well as a top up to 10 years
This is the ultimate life stile complex with little work and a beautiful place to live. You will not be disappointed

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

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