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Under Contract – Stylish Cairns North Management Rights

UNDER CONTRACT

  • Stylish 3 storey walk up complex, consistent performer
  • Guaranteed Body Corporate salary of $52,538.40
  • Now in permanent letting mode
  • 11 apartments in the letting pool
  • Well maintained gardens and facilities
  • Resort style pool, BBQ area, Wi-Fi and cable TV
  • Office on title
  • Supportive committee and owners
  • 19 years remaining on agreements, scope to top up
  • Exterior recently repainted
  • A large sinking fund to undertake many more improvements
  • Close to shopping, medical services and International Airport

 

Net Profit: $167,000 (3 year average)
Asking Price: $695,000
(Inclusive of manager’s real estate)

For further information or to arrange an inspection of this North Queensland Management Rights business for sale contact:

Exclusive Management Rights Broker
Antonio Curulli
0488 030 853
tony@mrsales.com.au

Every care has been taken to verify the accuracy of the information contained in this document, including photos and artists impressions, but no warranty (either express or implied) is given by the agent as to the accuracy of its contents. Proposed purchasers should conduct their own investigations into all matters relating to the proposed purchase of the management rights business, motel, freehold, leasehold or investment property or any property or business advertised by Management Rights Sales.

Enquire Now

Business Summary

Property ID: 8334
Location: QLD - All
QLD - Cairns Suburbs
Suburb: Cairns North
Price: $695,000
Property Type: Management Rights
Sale Type: Permanent
Nett: $167,000

Listing Agent

Antonio Curulli

Office: 1300 928 556

Mobile: 0488 030 853

Fax: 1300 927 884

tony@mrsales.com.au

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