Management Rights - Taigum, QLD

Taigum, QLD

$1,395,000

Property Description

Great North Side Complex

All the hard work in set up is finished. This complex is designed with the Manager in mind.The home is beautiful with a huge multipurpose room, there is also an additional living area.You will not be disappointed in this one. The complex is ideal situated for rentals.There has been 100% occupancy since new with a growing rental pool. Don'r need to live onsite! All written policies and procedures are in place.It is truly a walk in walk out business.
Please contact Exclusive Agent on 0404678792 or robertc@raas.com.au
Financial Overview

Body Corp Salary:
80299
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$180,000
Manager's Unit Price:
$478,000
Management Rights Price:
$917,000
Letting Business

Est. Year Built: 2009
Total Units In Complex: 65


Inside Letting Pool

Permanent: 50
Holiday: 0
Corporate: 0
Total: 50

Outside Letting Pool

Lock Up: 0
Outside Agents: 0
Self Managed: 0
Owner Occpd: 15
Total: 15

Number & Type In Letting Pool
Number Type Features
30 3 Bed Apartments Dishwasher, A/C, Fans, Ensuite, 1 LUG
15 3 Bed Town House Dishwasher, A/C, Fans, Ensuite, 1 LUG
5 2 Bed Units Dishwasher, A/C, Fans, Ensuite, 1 LUG
Tariffs

Booking Type Details
Permanent 3 Bedrooms T/H $400 per week 3 Bedroom Apartment $390 per week 2 Bedroom Unit $375 per week
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 2 Bathroom
Office Reception: On Title
Office Software: REI Master
Office Hours: None on agreements
Storage: Yes
Office Computer: One
Module: Accommodation
Agreement Term: 25 years
Years To Run: 20years
Manager's Unit Description: Good sized 3 bedroom 2.5 bathrooms. The unit is air-conditioned and has a SLUG and also a good outdoor under cover entertainment area.Large store room/ multipurpose. Tiles and carpet throughout, great kitchen.

Facilities

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

Other Facilities: Pets OK with B/Corp approval. This is a beautiful north side complex and it easily run by one person. This complex is designed with the Manager in mind. The home is beautiful with a huge multipurpose room and an additional large living area. You will not be disappointed in this one. The complex is ideally situated for rentals. There has been 100% occupancy since new with a growing rental pool. All written policies and procedures are in place. It is truly a walk in walk our business There are no outside rentals if required at an income of $180,000.00 at a good multiplier this is the one for you
GV complaint and a friendly BC committee. There is no committee member living on site

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

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