Management Rights - Kangaroo Point, QLD

Kangaroo Point, QLD

$1,428,000

Property Description

Centre of Kangaroo Point. High Rise

Landmark 12 storey building set in the heart of Kangaroo Point with commanding views of the City & environs. Spacious ground floor 3 bedroom Manager's apartment of penthouse quality. Offered for the first time in 4years. It will pass all inspections. Please contact Exclusive Agent Robert Collins on robertc@raas.com.au or 0404678792
Financial Overview

Body Corp Salary:
128633.23
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$163,000
Manager's Unit Price:
$630,000
Management Rights Price:
$798,000
Letting Business

Est. Year Built: 1994
Total Units In Complex: 44


Inside Letting Pool

Permanent: 18
Holiday: 0
Corporate: 0
Total: 18

Outside Letting Pool

Lock Up: 0
Outside Agents: 1
Self Managed: 1
Owner Occpd: 24
Total: 26

Number & Type In Letting Pool
Number Type Features
10 3 Bed Apartments Air con,Fans,Ensuites,D/washer,Microwave,Intercom Security,Covered parking.
8 2 Bed Apartments Air con,Fans,Ensuites,D/washer,Microwave,Intercom Security,Covered parking.
1 Bed
Tariffs

Booking Type Details
Permanent Average rental is $552 per week Range is $480 to $670
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 2 Bathroom
Office Reception: None
Office Software: REI Master
Office Hours: Contactable on site between 0730 - 1730 Mon / Fri sat 7.30 to 9.30
Storage: Plenty
Office Computer: one
Module: Accommodation
Agreement Term: 25 years
Years To Run: 18 years
Manager's Unit Description: Ground floor penthouse quality 3 b/rm apartment with large outdoor private balcony area. All the usual bells & whistles.

Facilities

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

Other Facilities: All under ground secure car parking.
Walk to ferry. Right in the centre of all restaurants and amenities.
Top up was instigated last year cannot now happen till next year
GV compliant prior to settlement

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

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