Management Rights - Albany Creek, QLD

Albany Creek, QLD

$1,575,000

Property Description

New OTP Albant Creek

The Developer expects offers from $1575,000. There will be claw back or forward protection for both parties with 80% expected in the rental pool. The Managers residence is large and modern with 2.5 bathrooms and 2 car accommodation as well as an office on title. The Developer will provide all equipment and fit out the office ( no office equipment)
Please only experienced operators apply with your CV.
Please contact Robert Collins on 0404678792 or robertc@raas.com.au Exclusive Agent
Financial Overview

Body Corp Salary:
90000
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$248,000
Manager's Unit Price:
$475,000
Management Rights Price:
$1,100,000
Letting Business

Est. Year Built: 2018
Total Units In Complex: 97


Inside Letting Pool

Permanent: 78
Holiday: 0
Corporate: 0
Total: 78

Outside Letting Pool

Lock Up: 0
Outside Agents: 0
Self Managed: 0
Owner Occpd: 19
Total: 19

Number & Type In Letting Pool
Number Type Features
78 3 Bed Town House Air Con 2.5 Bath Garage all new
Bed
Bed
Tariffs

Booking Type Details
Permanent $420 per week
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 2 Bathroom
Office Reception: On title
Office Software: TBA
Office Hours: Nil
Storage: Plenty
Office Computer: Nil
Module: Accommodation
Agreement Term: 25 years
Years To Run: 25 years
Manager's Unit Description: 2.5 Bath plus office and additional park. Equipment supplied as well as office on title and basic office fit out done Very large beautiful unit.

Facilities

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

Other Facilities: This is an OTP at Albany Creek. Please submit offers with CV attached. Only experienced managers apply
The developer has an expectation of offers from $1,100,000 for the business and $475,000 for the home

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

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