Management Rights - Greenslopes, QLD

Greenslopes, QLD

$1,575,000

Property Description

Greenslopes OTP

88 units with 66 in the pool
beautify finished and luxurious inclusions
Claw back and forward
finished in April 2019
Please contact Exclusive Agent Robert Collins on 0404678792 or robertc@raas.com.au
Financial Overview

Body Corp Salary:
105600
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$231,000
Manager's Unit Price:
$535,000
Management Rights Price:
$1,040,000
Letting Business

Est. Year Built: 2019
Total Units In Complex: 88


Inside Letting Pool

Permanent: 66
Holiday: 0
Corporate: 0
Total: 66

Outside Letting Pool

Lock Up: 0
Outside Agents: 0
Self Managed: 0
Owner Occpd: 22
Total: 22

Number & Type In Letting Pool
Number Type Features
10 1 Bed Units Air Con 1 park modern appliances New
44 2 Bed unit Air Con 1 park modern appliances New
12 3 Bed unit Air Con 1 park modern appliances New
Tariffs

Booking Type Details
Permanent 1 bed $400 average 2 bed $510 average 3 bed $650 average
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 2 Bedrooms , 2 Bathroom
Office Reception: Exclusive use
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: Very nice ground floor unit that is extremely liveable

Facilities

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

Other Facilities: This is an off the plan so only experienced managers need apply. Please present all offers with your CV attached.
The income is $231,000 and the vendor has an expectation of offers from $1,040,000 for the Management Rights and the unit is valued at $535,000.
This will be completed in April 2019.
There will be claw forward and back to be fair to all concerned.
Developer has agreed to fit out the office with desk etc.

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

Subscribe to emails:  
Copyrights © 2017 All Rights Reserved by Raas Group. Privacy