Prime Management Rights Opportunity in Townsville's CBD - ID 9083

$710,000

North Queensland Management Rights
Low-Maintenance, High-Income Resort-Style Complex with Guaranteed Growth

 

  • Guaranteed Income: Body Corporate salary of $127,561 gross plus a yearly increase of 3% or CPI, whichever is higher.
  • Prime Letting Pool: Total of 33 apartments, with a mix of 2 and 3-bedroom units available as per enquiry.
  • High Occupancy: Enjoy a remarkable 99% occupancy rate all year round.
  • Amenities: Resort-style pool, BBQ area, Wi-Fi, and Cable TV, all within a beautifully maintained complex featuring lush gardens and an exclusive-use office.
  • Supportive Community: Work with a supportive committee and owners.
  • Long-Term Security: 22 years remaining on agreements following a recent top-up.
  • Convenient Location: Built in 2006, just 50m from shopping and medical services, and a short drive to the airport.

 

Offered by Original Owner Operators
This easy-to-run, low-maintenance, resort-style complex is ideally located within the CBD on the water's edge. It can be managed by one person with occasional help, making it perfect for a single manager or a couple.

 

Additional Benefits:

  • Flexible Living Arrangements: Live on-site for convenience or off-site for flexibility. (Current managers live on-site.)
  • Multiple Income Streams: Benefit from various revenue opportunities within the business.
  • Ideal Lifestyle: Experience Townsville's tropical summers and superb outdoor lifestyle.

 

Don't miss out on this exceptional opportunity to invest in a thriving business in a growing tropical city. Contact us today to learn more!

 

Total Income: $178,555
Asking Price: $710,000

 

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

 

Management Rights Broker
Antonio Curulli

Price $710,000
Location Townsville City
Property ID 9083

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