Immaculately Presented Permanent - Townsville - ID 9049

$1,350,000

1 m2

North Queensland Management Rights

North Ward - Townsville

 

- Permanent management rights complex

- 93 apartments over 5 towers

- 14 apartments in the letting pool, 3 outside agents and 75 owner occupiers

- Body Corporate salary of $162,631

- Accommodation Module agreement with 20 years remaining

- Average rents in excess of $500 per week

- Cloud administration system - Console Cloud

- Generous 2-bedroom manager's residence

- Additional studio apartment

- Pet permitted with Body Corporate approval

- Large real estate sales revenue stream

- Opportunity to earn significant sales commission and potential for extra income.

 

This permanent management rights complex has undergone a number of maintenance and improvement projects in the last 12 months. Easily managed by an active two-person team.

 

Net Profit: $187,000

Asking Price: $1,350,000

(Inclusive of manager's real estate)

 

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

 

Management Rights Broker

Antonio Curulli

Price $1,350,000
Location North Ward
Property ID 9049

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