Redcliffe QLD 4020
$571,200

DESCRIPTION

Phone enquiries - please quote property ID 35855.

Two Permanent Management Rights - Caretaking ONLY for sale located in the beautiful coastal Redcliffe Peninsula.

Great lifestyle balance. No set office hours. No requirements to live on-site. Easily managed by one person. This opportunity offers great income for the required level of workload.

Manager Office/Storeroom: There are a number of storerooms/cupboards between the two complexes.

Complex 1: Located on the waterfront in Margate Q 4019.
Agreements/Module: 25 Years / Accommodation
Expiry/Remaining Term: 5 June 2044 / Over 19 years remaining
24-unit complex built in 2019

Complex 2: Located on the waterfront in Scarborough Q 4020
Agreements/Module: 25 Years / Accommodation
Expiry/Remaining Term: 13 May 2045 / Over 20 years remaining
50-unit complex built in 2020

Complex 2: Letting and Sales Authority of the Agreement ready to be established with the right licences has the potential to add more investment value.

Body Corporate Remuneration Annually
Total: $102,000 + GST

Reviews are annually on their anniversary date by CPI or 3% whichever is greater.

Remuneration $102,000 + GST
Business Price $571,200

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