Management Rights - LABRADOR, QLD

LABRADOR, QLD

offers over 699K

Property Description

LIVE OFF SITE 3.6 Multiplier Boutique permanent in Labrador

This lovely little quiet gated complex is situated far off the road and is a very well run complex. Would suit young couple single operator or Retirees. 21 in complex with 17 in letting with 2 year leases. Great committee with only 3 on the committee. Upstairs downstairs lovely spacious Managers unit with separate office and quite private back area for entertaining. Current owners are wanting to purchase something abit bigger with family in mind OR LIVE OFF SITE AND RENT THE MANAGERS VILLA OUT FOR $460 A WEEK. An extra 24K per year on the net income.

This is a must see and is priced very well.
Call Kerrie Lush 0416 084 693
kerrie@raas.com.au
Financial Overview

Body Corp Salary:
31000
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
Net Profit:
$72,000
Manager's Unit Price:
$435,000
Management Rights Price:
$265,000
Letting Business

Est. Year Built: 2003
Total Units In Complex: 21


Inside Letting Pool

Permanent: 17
Holiday: N/A
Corporate: N/A
Total: 17

Outside Letting Pool

Lock Up: N/A
Outside Agents: 0
Self Managed: N/A
Owner Occpd: N/A
Total: N/A

Number & Type In Letting Pool
Number Type Features
Bed
Bed
Bed
Tariffs

Booking Type Details
Permanent average rental 445
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 2 Bathroom
Office Reception: yes
Office Software:
Office Hours: NONE
Storage: yes
Office Computer:
Module: Accommodation
Agreement Term: 25
Years To Run: 23
Manager's Unit Description:

Facilities

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

Other Facilities:

Property Agent

Kerrie Lush

Kerrie Lush

Phone: 0416 084 693
Office: 1300 282 370

Email Listing Agent

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