Pacific Pines
Sold
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Management Rights
- Permanent Complex Type
- 29 Letting Pool
- $90,837 Remuneration
- $161,100 Net Profit
- $550,000 Manager's Unit
- BBQ, Pool Features
Property Description
LOCATION, LOCATION...OR LIVE OFF-SITE
Location is everything when buying real estate and a business! With 24 years to run on Management Rights agreements this Gold Coast business is a terrific find, offering a Body Corporate Salary of over $90,000 with a very supportive committee working with you. The manager's townhouse is currently leased out for over $20,000 p.a. ($435 p/w) and offers a comfortable 3 bedroom family residence. This income is on top of the business Net Profit of over $161,000 p.a. This well-maintained gated townhouse complex has always been sort after. Kick back and enjoy the beautiful swimming pool and tranquil BBQ area that backs onto beautiful parklands. Or lash out with a game of tennis and aspire to become a future Australian Open winner! With this great investment you could not ask for a better position. Walking distance to both the primary school and secondary school, the local shops, cafes and restaurants. Bus stop at your front door and 2 minute's drive onto the M1and Westfield shopping centre. Only 45 minutes to the heart of Brisbane!
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