Permanent Management Rights, Upper Coomera QLD
RAAS presents an opportunity to secure a coveted management and letting rights business in Upper Coomera.
This complex is ideally positioned to capture sweeping views and access the very best of the Northern GC lifestyle.
This lucrative business investment offers a net profit of over $156K, gives incoming managers flexibility with no set hours and provides a well-planned, stylish manager's freehold lot with studio, offices, carpark and storage to successfully operate the business.
• Comprises a total of 48 Townhomes
• Verified net profit of $156,519, based on 28 units in the letting pool
• BC salary of $100,397
• Freehold studio, office, carpark and storage space for manager use - $895,000
• No set office hours, manager is required to reside on-site
• Facilities include pool& spa, gymnasium, barbecue area and function room
Financials
Body Corporate Salary: $100,397
Management Unit
Management Unit Price: $895,000
Complex Overview
Complex Type / Module: Permanent
Total Units Inside Letting Pool: 19
Total Units in Complex: 48
Outside Agent: 5
Owner Occupied: 24
Agreement Term: 25 Years
Years to Run: 18 Years