Pacific Pines
Sold
3
3
2
Management Rights
- 40 Total Units
- Permanent Complex Type
- 21 Letting Pool
- $65,892 Remuneration
- $125,300 Net Profit
- $600,000 Manager's Unit
- BBQ, Pets Allowed, Pool Features
Property Description
23 YEAR AGREEMENTS - NO NEED TO LIVE ONSITE!
On offer is this security gated complex, with in-ground swimming pool and BBQ facilities. A straight forward operation with a healthy Body Corporate Salary of almost $66,000 p.a. (plus GST). With 23 years remaining on agreements this is a very robust permanent Management Rights business. And all just moments to the local primary and secondary schools, shopping centres and popular cafes and restaurants. Helensvale Westfield Shopping Centre, Train Station and Light Rail Station are within a 5-minute drive. A comfortable three-bedroom townhouse, with double garage and separate stand-alone office is included in the purchase price. Currently this Manager's residence is rented for approximately $26,000 p.a. This income is in addition to the disclosed net profit advertised. Therefore, the incoming manager can elect to keep the property tenanted or reside onsite. You choose! Pacific Pines is a booming, and such an in-demand locale for renters! Contact me now. Don't wait!
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