Management Rights - PARREARRA, QLD

PARREARRA, QLD

$1,295,000

Property Description

Stunning Management Rights Central Sunshine Coast

This well established permanent MR in the growing Kawana residential area is now being offered for sale exclusively by RAAS Rights.

Located centrally to the Sunshine Coast, this building offers secluded tropical and established grounds to complement the precincts well maintained residential development.

The current managers have this business fully systemised. The gardens are looked after by the BC with the managers taking care of the lawns. There are 2 magnificent pools, gymnasium & full tennis court set in the tropical gardens.

The managers unit is a spacious air con 3 bed with a private courtyard & office attached with no set office hours.

Beautifully presented with all the hard work done & set in a picturesque lakeside community.


Netting $140,000 excluding a BC gardening contractor this complex is set to sell and will impress.
Financial Overview

Body Corp Salary:
120000
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$140,000
Manager's Unit Price:
$580,000
Management Rights Price:
$715,000
Letting Business

Est. Year Built: 2003
Total Units In Complex: 56


Inside Letting Pool

Permanent: 9
Holiday: 0
Corporate: 0
Total: 9

Outside Letting Pool

Lock Up: 0
Outside Agents: 3
Self Managed: 0
Owner Occpd: 43
Total: 46

Number & Type In Letting Pool
Number Type Features
8 3 Bed Apartments a/c, open plan living, secure UG parking
1 4 Bed Apartments
0 Bed
Tariffs

Booking Type Details
Permanent 520-550 pw
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 2 Bathroom
Office Reception: on title
Office Software:
Office Hours: contactable
Storage: yes
Office Computer: REI master
Module: Accommodation
Agreement Term: 25 years
Years To Run: 20 years
Manager's Unit Description: Ground floor spacious, modern 3 bed air con with private court yard off the living area offering outlook over lush tropical gardens. Office attached along with 2 carspaces allocated for management

Facilities

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

Other Facilities: Immaculate surrounds offering Heated lap pool & lagoon pool. no BBQ although allowed on balconies, quality living standards full security access

Property Agent

Sasha Jancevski

Sasha Jancevski

Phone: 0406 075 270
Office: 1300 282 370

Email Listing Agent

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