RCA EXCLUSIVELY FOR SALE
BRAND NEW PERMANENT RESIDENTIAL MLR BUSINESS
Property Description
- Developer Owned and Built Management Rights
- 209 Townhomes in total across 2 sites
- Brand New
- Large $244,000+ Caretaking Salary
- 1st site Stages 1-4 completed. Stage 5 due April 2022. Stage 6 due June 2022.
- 2nd site estimated start of construction March 2022
- Permanent rentals only
Pricing
Management Rights $ | $1,400,000 + GST |
Managers Unit $ | $750,000 |
Managers Lot/s $ | – |
Total Price $ | $2,150,000 |
Management Rights Business Information
Location | Maroochydore |
Business Type | Permanent Residential Lettings |
Building Age | 1st site Stages 1-4 completed. Stage 5 due April 2022. Stage 6 due June 2022. 2nd site estimated start of construction March 2022 |
Building Levels/Floors | Double Storey Townhomes |
Net Profit $ | – |
Caretaking Fee $ | $244,350 + GST |
Total Lots in Complex | 209 |
Letting Pool Units | Projected |
Letting Agreement Term | Approx 23 years out of 25 years + 25 years out of 25 years |
Caretaking Agreement Term | Approx 23 years out of 25 years + 25 years out of 25 years |
Office Hours | See Information Memorandum |
Property Features
Pool | Yes |
Sauna | – |
Gym | – |
BBQ | Yes |
Community Living/Dining Room | Yes |
Cinema | – |
Concierge | – |
Car Parking | Yes |
Other Features | Lockable fenced off storage area for residents |
Managers Units | |
Beds | 3 |
Bath | 2.5 |
Car Spaces | Yes |
Features | Aircon, Security |
Managers Office | |
Size | See Information Memorandum |