RCA EXCLUSIVELY FOR SALE
PERMANENT LETTING MANAGEMENT RIGHTS
Property Description
- Great add-on or starter business for any existing Management Rights operator
- Permanent rentals only
- 25 year caretaking and letting agreements
- Minimal duties
- Already tenanted with a 94% rental pool
- Located in the growth corridor of the Master-Planned community of North Lakes
Pricing
Management Rights $ | $250,000 |
Managers Unit $ | $360,000 |
Managers Lot/s $ | – |
Total Price $ | $610,000 |
Management Rights Business Information
Location | Capestone, Mango Hill |
Business Type | Permanent Letting |
Building Age | Built 2019 |
Building Levels/Floors | 3 |
Net Profit $ | $59,360 + GST |
Caretaking Fee $ | $33,800 + GST |
Total Lots in Complex | 17 |
Letting Pool Units | 16 |
Letting Agreement Term | 25 years out of 25 years |
Caretaking Agreement Term | 25 years out of 25 years |
Office Hours | See Information Memorandum |
Property Features
Pool | – |
Sauna | – |
Gym | – |
BBQ | – |
Conference Room | – |
Cinema | – |
Concierge | – |
Car Parking | Yes |
Other Features | – |
Managers Units | |
Beds | 3 |
Bath | 2 |
Car Spaces | Yes |
Features | Aircon, Security, Modern Fit Out |
Managers Office | |
Size | – |