Wynnum West
Sold
3
2
2
Management Rights
- 40 Total Units
- Permanent Complex Type
- 13 Letting Pool
- $69,000 Remuneration
- $100,000 Net Profit
- $470,000 Manager's Unit
- Function Room, Pets Allowed, Pool Features
Property Description
LIFESTYLE ON THE BAY
On offer is a very healthy business in this gated townhouse complex on Brisbane's bayside, located just five minutes away from Wynnum Plaza and the waterfront, close to schools and child-care centres. A solid body corporate salary of approx. $69,000, 3% annual increases, agreements just topped up to 25 years, manageable duties and Net Profit of $100,000 all help to create good security and a very desirable lifestyle for the manager. Well presented, stand alone single level 3 bedroom manager's townhouse with double garage, spacious back yard and office attached on title with separate entrance. A positive relationship with owners and committee and strong long-term rental demand completes this picture and the opportunity presented. Full training will be provided by experienced sellers to ensure a smooth transition for the new manager.
Your Trusted Management Rights and Resort Sales Brokers
