TARINGA 4068
$1,524,000
Mike Mallory

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RAAS Group
PO Box 3794,
Robina, QLD 4226

TARINGA 4068

Accommodation/Tourism for sale

TARINGA QLD 4068

$1,524,000

Business Details

Excellent Location

This magnificent complex offers everything you have been looking for in a Management Rights Business.
You are NOT required to live onsite .

25 year Agreement with 20 years still to run, current manager has been here for just over 7 years.

As you will own a unit in the complex, you have the right to put your own motions forward when you want to.

The apartment will be rented and does not form any part of the P&L which makes this one even great value.

There are no set working hours either, just another real bonus for the new manager.

No grounds or gardens to maintain as the Body Corp pays someone else to do these duties.

Situated in Taringa the location makes it an easy complex to find good solid tenants for.

If you are serious about getting into the Management Rights Industry, than you MUST take a very good look at this complex.

Net Profit $183,900 including excellent Body Corp Salary of $118,579.00 as verified
Unit $599,000
M.R $925,000
Total $1,524,000

For your personal inspection on this outstanding Complex.
contact Mike Mallory Click to call Click to email

Summary »

  • Business Category: Accommodation/Tourism
  • Business Sub Category: Management Rights
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RAAS Group
PO Box 3794,
Robina, QLD 4226

Phone: 07 5593 0007
Fax: 07 5593 0054

Mike Mallory
Phone: 0409 494 098

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