Reedy Creek
Sold
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Management Rights
- 113 Total Units
- Permanent Complex Type
- 32 Letting Pool
- $210,821 Remuneration
- $286,317 Net Profit
- $825,000 Manager's Unit
- BBQ, Sauna, Pets Allowed, Pool Features
Property Description
MASSIVE MANAGER'S ACCOM - $210,000 SALARY
Fantastic Gold Coast Management Rights business for sale! A Body Corporate Salary of $210,000, increasing by CPI yearly and representing over 70% of total income has ensured this business has provided rock solid profits. With over 23 years remaining on Management Agreements and a supportive committee. Have the flexibility of no set office hours. This gated community located within the premier suburb of Reedy Creek, provides an oasis for residents with facilities including tennis court, sauna, gym and BBQs. All within a hop, skip and a jump to the M1 and shopping malls. Walk to your local supermarket! 8 minutes to Robina and 10 minutes to the beach. Popular with families, the 3-bedroom villas are always in strong rental demand. Quality schooling is virtually at your doorstep with 'Hillcrest Christian College' and 'Gold Coast Christian College', a pleasant stroll away. The spacious manager's townhouse is a delight and provides 4 Bedrooms in total. Including two master bedrooms (both with ensuites), one master downstairs and one upstairs. Also offers a Family Bathroom, Powder Room, 2 Car Garage and Office attached. Enjoy the second level balcony and ground floor courtyard, both providing calming outlooks, for private BBQ's overlooking your gardens. Retiring Managers will provide excellent training and support to incoming buyers. With historically healthy net profits, comfortable living and a wonderful location, life is looking up! Businesses of this calibre are rarely placed on the market. Call me now and don't miss out.
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