Management Rights - Cleveland, QLD

Cleveland, QLD

$1,345,000

Property Description

Raby Bay Fantastic Complex

If you are looking for a complex that gives you a big income at a reasonable price, this is the one for you.
If you are looking for a complex that can be run by the two of you comfortably, this is the one for you
If you are looking for a complex in one of the most beautiful areas of Brisbane, this is the one for you.
Contact Robert Collins EXCLUSIVE AGENT on 0404678792 or robertc@raas.com.au
Financial Overview

Body Corp Salary:
110373
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$143,386
Manager's Unit Price:
$695,000
Management Rights Price:
$650,000
Letting Business

Est. Year Built: 1995
Total Units In Complex: 56


Inside Letting Pool

Permanent: 17
Holiday: N/A
Corporate: 0
Total: 17

Outside Letting Pool

Lock Up: 0
Outside Agents: 0
Self Managed: 3
Owner Occpd: 36
Total: 39

Number & Type In Letting Pool
Number Type Features
15 3 Bed Unit Air con,d/washer,ensuite, care spaces
2 2 Bed Unit Air con,d/washer,ensuite,1 car space
Bed
Tariffs

Booking Type Details
Permanent 2 bed $450 3 bed $5850
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 3 Bathroom
Office Reception: Nil
Office Software: Console
Office Hours: Nil
Storage: Plenty
Office Computer: One
Module: Accommodation
Agreement Term: 20
Years To Run: 20
Manager's Unit Description: Large unit tiled and carpeted, two large balconys, modern kitchen overlooking the pool. This is one of the best units around. Manager can choose this one or purchase any unit in the complex. Some over looking the water are available but more expensive

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: Currently run by a husband and wife with time to spare. The setting is beautiful and the unit is large. You do have to live on site but you can buy any unit in the complex if you prefer not to buy the managers unit
There is no R&M or cleaning in the P&L

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

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