Management Rights - REDCLIFFE, QLD

REDCLIFFE, QLD

$620,000

Property Description

Retirement Village for over 50's

This is an all owner occupied Retirement Village complex, offering a lifestyle to be envied by most other Managements Rights Managers. The workload is Care-taking with some strata manager functions to be performed. There are no rentals so there is no need for a Real Estate licence, and there is no Trust account to mange. If you wish to sell for the owners as will be the case from time to time you would need a sales licence Let’s look at the workload. This Caretaker role is just that, you will be responsible as the caretaker to maintain the low maintenance grounds and be available on call via a beeper to be there to assist the residents when required. (Excellent Body Corp) There are no real expenses as per the normal run of the mill Management Rights, as the Body Corp refund all out of pocket expenses. The current Caretakers have been onsite for some 15 years, this in itself should give you a huge clue to the security of being the next Caretaker in this complex. The only reason for the sale of this outstanding opportunity is:- Retirement Beckons for the current Caretaker. Unit $290,000 M.R Business $330,000 Total Price $620,000 With a B/C salary of $74,447.00 P.A For further info on this complex contact Peter Sagner on mobile 0401 814 404 or e-mail peters@raas.com.au
Financial Overview

Body Corp Salary:
74442
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$74,447
Manager's Unit Price:
$290,000
Management Rights Price:
$330,000
Letting Business

Est. Year Built: 1986
Total Units In Complex: 44


Inside Letting Pool

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

Outside Letting Pool

Lock Up: N/A
Outside Agents: N/A
Self Managed: N/A
Owner Occpd: N/A
Total: 44

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

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

Manager's Unit Size: 2 Bedrooms
Office Reception:
Office Software:
Office Hours:
Storage:
Office Computer:
Module: Standard
Agreement Term: 10
Years To Run: 9
Manager's Unit Description: Very neat and tidy throughout exceptionally presented

Facilities

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

Other Facilities:

Property Agent

Peter Sagner

Peter Sagner

Phone: 0401 814 404
Office: 1300 282 370

Email Listing Agent

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