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Prime Mangement Rights Opportunity in Northern GC growth corridor - NOP $449K+ | Resort Brokers ID : MR008501
$2,998,000
Permanent Management Rights, PIMPAMA QLD
ResortBrokers presents Warwick Terraces, a standout Management Rights opportunity in Pimpama.
With an impressive NOP exceeding $449,000, this complex offers 130 well-appointed three-bedroom townhomes, a large swimming pool, and an undercover picnic area. The property operates under a secure 25-year accommodation module, and the manager's residence features four bedrooms, two bathrooms, and two car spaces.
With low maintenance duties and strong net profit, the Warwick Terraces is a compelling opportunity in a thriving region.
- Outstanding NOP exceeding $449,000
- Manager's residence featuring four bedrooms, two bathrooms, and two car spaces
- Strategically located in Pimpama's elevated pocket, a northern Gold Coast growth corridor
- Secure investment with a long-term 25-year accommodation module
- Recreational facilities including a large swimming pool and undercover picnic area
- 130 well-appointed three-bedroom townhomes with a spacious communal area
- Profitable management rights opportunity with low maintenance duties
- Inspections are by appointment only
Date updated: 18 Dec 2024 22:00:02
More Information
- Total Purchase Price: $2,998,000
- Net Income: $ 449,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 700,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?