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In a nutshell (About this Management Rights) |
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"Talk to someone who's
paying attention" . . . . |
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Business takes minimal time so you can also have another job |
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Independent Licenced Real Estate Agent
07) 5594 1282 or 0403 050 255 (Terry) or
0403 382 046 (Mei) Fax 07) 5594 1292 |
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Great "lifestyle" location, walk to Cafes, shopping & Restaurants |
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Suit single person or Couple |
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E: terrymcmiles@bigpond.com
W: www.terrymcmiles.com |
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Home Office : 52 Hickey Way Carrara QLD Gold Coast 4211 |
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About Terry |
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. . . . a fabulous choice for a better lifestyle - work from home! |
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Surfers Paradise prime location, this is a one person part time
Business that will pay your mortgage. Great value at $315,000 |
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Buying Enquiries |
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Sellers Information |
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Contact Terry |
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Home |
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About Manage-
ment Rights . . .
Click here for explanation |
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The Building is 13 years old and comprises 20 x one bedroom apartments, of which there are 9 in the Managers Letting Pool. Only 6 on site owners so there is potential to improve. There is very little yard work, mainly a blower on tiled surrounds to the building. Pool is small and easy to care for. Current Manager has full time job & treats this as a second income source. Will suit single person or couple. |
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The Managers Unit is also one bedroom, but has an on title office with separate door to terrace so that you don't need to invite tenants or tradespeople into your private space.
Both the Bathroom and Kitchen have been renovated , the bathroom just last year. The Unit is immaculate, with new blinds and white louvred Shutters.
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Timber floors through Living area and office add a brightness to the Unit. There is underground parking for 1 vehicle per Unit. The current manager has owned the Management Rights for the past 5 years and is only selling as the extra income now pushes him to a higher tax bracket and it no longer makes sense to retain. |
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This Management Rights is an ideal one person part time business, the current Manager estimating he spends an average of 8 hours each week looking after the Complex, and about 4 hours on bookwork at the end of each month. It is an excellent and well paid 2nd income considering the time involved.
It is unlikely that you will find any Management Rights in a better location or at a cheaper price. The Complex has previously been managed by a fully licenced owner living off site, and one would imagine that this option would still be available to a new manager who is fully licenced.
There is currently over 9 years still to run on the 20 year agreement.
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This is a fantastic opportunity to get into the Management Rights industry at a Bargain Basement price.
Interested parties should contact Terry for a financial report, available on signing a confidentiality agreement |
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Note as at March 2009: This building under contract |
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