Management Rights - Kangaroo Point, QLD

Kangaroo Point, QLD

1765000

Property Description

Three Complexes In One Line. Position Perfect!

Three complexes in the highly desirable inner city suburbs of Kangaroo Pt & Fortitude Valley must be sold!
Features:
* NO requirement to live onsite.
* All within close proximity.
* No office hours.
* One mangers units to purchase at Fortitude Valley.
* Low maintenance gardens.
* Easy going and helpful Body Corporates & Committees.

Few committee meetings to attend.
Walk to CBD, public transport and some of Australia's most highly awarded restaurants and retail hubs.
Financial Overview

Body Corp Salary:
133578
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
Net Profit:
$260,418
Manager's Unit Price:
$450,000
Management Rights Price:
$1,315,000
Letting Business

Est. Year Built: 7
Total Units In Complex: 97


Inside Letting Pool

Permanent: 61
Holiday: 0
Corporate: 0
Total: 61

Outside Letting Pool

Lock Up: 0
Outside Agents: 14
Self Managed: 0
Owner Occpd: 27
Total: 41

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 , 1 Bathroom
Office Reception:
Office Software: Caretaker
Office Hours: Not required
Storage:
Office Computer:
Module: Accommodation
Agreement Term: 25
Years To Run: 18, 18 & 20
Manager's Unit Description:

Facilities

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

Other Facilities: Kangaroo Pt complexes feature rooftop BBQ and entertainment area and secure undercover parking.
Fortitude Valley has a heated inground pool.

Property Agent

Haydn Meyer

Phone: 0411 441 727
Office: 1300 282 370

Email Listing Agent

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