Management Rights opportunity in a Gated Community in Runaway Bay | Resort Brokers ID : MR008367
$1,475,000
Permanent Management Rights, Runaway Bay QLD
Runaway Cove, a prestigious gated community offering a unique 21 year accommodation module nestled along the calm waters of Runaway Bay, this offering provides a harmonious blend of lifestyle with an attractive NOP of $151,202.
At the heart of this well-manicured complex is the lovely modern manager's residence, a stylish 3 bedroom villa with 2.5 bathroom, and 2 car garage.
Residents of Runaway Cove enjoy a peaceful and secure environment, surrounded by lush landscaping and breathtaking water views. Being a gated community provides a sense of exclusivity and privacy, ensuring a tranquil and safe living experience for all.
Runaway Cove offers a unique opportunity for those seeking the perfect balance of luxury living and financial security in a picturesque waterfront setting.
- Effortless upkeep with low maintenance gardens
- Stylish 3-bedroom, 2.5-bathroom manager's villa with double car space
- Flexible management with no set office hours
- Secured complex with added feature of a boat ramp
- Long-term security with a 21-year accommodation module
- Resort-like amenities including pool, spa, gym, and tennis court
- Business growth opportunities is your blue sky
- Inspection by appointment only
Date updated: 08 Sep 2024 23:00:05
More Information
- Total Purchase Price: $1,475,000
- Net Income: $ 151,202
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,020,000
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?