Management Rights - Chermside, QLD

Chermside, QLD

$1,980,000

Property Description

Two large permanents in Chermside sold as one

The vendor now has other interests he wishes to pursue and offers these two properties for sale together. He is negotiable without being silly.
Please contact Robert Collins on 0404678792 or robertc@raas.com.au
Financial Overview

Body Corp Salary:
178464
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
cpi
Net Profit:
$350,000
Manager's Unit Price:
$0
Management Rights Price:
$1,980,000
Letting Business

Est. Year Built: N/A
Total Units In Complex: 148


Inside Letting Pool

Permanent: 85
Holiday: 0
Corporate: 0
Total: 85

Outside Letting Pool

Lock Up: N/A
Outside Agents: N/A
Self Managed: N/A
Owner Occpd: N/A
Total: 63

Number & Type In Letting Pool
Number Type Features
23 1 Bed Units Air con,d/washer,ensuite, care spaces
57 2 Bed unit Air con,d/washer,ensuite, care spaces
5 3 Bed units Air con,d/washer,ensuite, care space
Tariffs

Booking Type Details
Permanent 1 bed $310 to $345 2 bed $370 to $450 3 bed $543 average
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 0 Bedrooms , 0 Bathroom
Office Reception: exclusive use
Office Software: property me
Office Hours: nil
Storage: plenty
Office Computer: yes
Module: Accommodation
Agreement Term: 25 years
Years To Run: 17 /23
Manager's Unit Description: nil

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: We are selling two complexes together less than 200 mtrs apart both have offices that are exclusive use. All business can be run from one. There is no unit to buy and no office hours. his business even though it is large can easily be bun by two people. 5 year top up is in the system for the complex with 17 years to run

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

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