Management Rights - REDCLIFFE, QLD

REDCLIFFE, QLD

$1,848,000

Property Description

Redcliffe Holiday / Corporate Opportunity

Incumbent manager needs to redeploy his time.

Multiplier is 4.87 which is very reasonable which makes it extremely saleable. Beautiful 3x bed 2x bath managers unit. Income including occupation rated and tariffs are available as well as agreements. All have been verified by management rights accountant and are available for inspection.

Please call either Haydn Meyer on 0411441727 or Robert Collins on 0404678792 to arrange an inspection.
Financial Overview

Body Corp Salary:
50974
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$263,525
Manager's Unit Price:
$563,000
Management Rights Price:
$1,285,000
Letting Business

Est. Year Built: 2008
Total Units In Complex: 40


Inside Letting Pool

Permanent: 1
Holiday: 32
Corporate: 0
Total: 33

Outside Letting Pool

Lock Up: 0
Outside Agents: 1
Self Managed: 0
Owner Occpd: 6
Total: 7

Number & Type In Letting Pool
Number Type Features
8 1 Bed Studio Unit FUlly Furnished
14 2 Bed Units Fully Furnished
10 3 Bed Units Fully Furnished
Tariffs

Booking Type Details
Permanent
Corporate
Holiday Varying Information available
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 2 Bathroom
Office Reception: exclusive use
Office Software: Hirum
Office Hours: Contactable between 7am to 7 pm M to F
Storage: plenty
Office Computer: yes
Module: Accommodation
Agreement Term: 25 Years
Years To Run: 24 years
Manager's Unit Description: Large unit with great outside area. Good family home two bathroom.

Facilities

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

Other Facilities: Great complex right on the water well looked after. All rates and occupation numbers available.

Property Agent

Haydn Meyer

Phone: 0411 441 727
Office: 1300 282 370

Email Listing Agent

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