Management Rights - NORTH LAKES, QLD

NORTH LAKES, QLD

$1,148,000

Property Description

Beautiful North Lakes complex

This near new complex is located in the rapidly developing suburb of North Lakes.
There is 37 NRAS with AHC as the provider and 16 normal rentals
Please contact Robert Collins Exclusive Agent on 0404678792 or robertc@raas.com.au
Financial Overview

Body Corp Salary:
63077
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$160,000
Manager's Unit Price:
$380,000
Management Rights Price:
$768,000
Letting Business

Est. Year Built: 2011
Total Units In Complex: 56


Inside Letting Pool

Permanent: 49
Holiday: 0
Corporate: 0
Total: 49

Outside Letting Pool

Lock Up: 0
Outside Agents: 2
Self Managed: 0
Owner Occpd: 4
Total: 6

Number & Type In Letting Pool
Number Type Features
53 3 Bed Town House Ensuite,Fans,D/washer,SLUG with remote
0 Bed
0 Bed
Tariffs

Booking Type Details
Permanent NRAS $292 per week Normal $365 per week
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 2 Bathroom
Office Reception: On Title
Office Software: Caretaker
Office Hours: None specified in Agreements
Storage: Plenty
Office Computer: yes
Module: Accommodation
Agreement Term: 25 years
Years To Run: 24 years
Manager's Unit Description: 3 B/rm ensuited Town-house with lock-up garage, office and storage

Facilities

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

Other Facilities: Pet may be allowed with B/Corporate approval.
Close to ever-growing shopping and commercial precinct
37 NRAS at 13% in letting fee
16 normal
Close to everything

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

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