Management Rights - Runaway Bay, QLD

Runaway Bay, QLD

$1,280,000

Property Description

IMMACULATE COMPLEX ON WATER

A GREAT BUSINESS WITH GREAT INCOME & LIFESTYLE
Enjoy running your business with both Permanent & Holiday Letting. No set office hours.
Set in Beautiful Tropical Gardens easily managed.
Featuring Main Bedroom with ensuite.
2 Bedrooms/Bathroom/separate toilet.
Spacious Living /dining with Balcony overlooking Tropical gardens.
Enjoy newly renovated Modern Kitchen
All with Garden and Water Views.
Office/Reception & Storage room.
Secure Parking under the building.

Please contact Anna 042194797 or anna@raas.com.au
Financial Overview

Body Corp Salary:
75410 excl GST
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$184,197
Manager's Unit Price:
$490,000
Management Rights Price:
$790,000
Letting Business

Est. Year Built: 1988
Total Units In Complex: 56


Inside Letting Pool

Permanent: 11
Holiday: 6
Corporate: N/A
Total: 17

Outside Letting Pool

Lock Up: 1
Outside Agents: 6
Self Managed: 3
Owner Occpd: 29
Total: 39

Number & Type In Letting Pool
Number Type Features
17 2 Bed Queen Bed 2 singles Aircon/dishwasher
Bed
2 Bed Units Aircon/dishwasher Unfurnished
Tariffs

Booking Type Details
Permanent $340-$475
Corporate
Holiday $115-$297
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 2 Bathroom
Office Reception:
Office Software: REI Master
Office Hours: No Not set
Storage:
Office Computer: ASUS
Module: Standard
Agreement Term: 10
Years To Run: 10
Manager's Unit Description: Recently renovated spacious 3 Bedroom Unit with En suite, Bathroom, Living /Dining & Fabulous Kitchen. Includes Office and storage room & 3 Balconies.

Facilities

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

Other Facilities: Newly renovated fabulous Kitchen in the excellent Spacious Managers unit. Tiled floors in living area, carpeted in Bedrooms. Featuring 3 Balconies to catch the sun.
The gardens are immaculate and the property is facing the canals with views. Walking distance to Shopping Centres, Broadwater and close to University, New Gold Coast Hospital &Schools.

Property Agent

Anna Liu

Phone: 0421 794 797
Office: 1300 282 370

Email Listing Agent

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