EXCLUSIVE FOR SALE – MAROOCHYDORE – TIDE RESIDENCES

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

NOTE: All property and business information and pricing is correct at the time of going to market. Please contact us for the detailed information memorandum.
Management Rights $$1,400,000 + GST
Managers Unit $ $750,000
Managers Lot/s $
Total Price $$2,150,000

Management Rights Business Information

NOTE: All property and business information and pricing is correct at the time of going to market. Please contact us for the detailed information memorandum.
LocationMaroochydore
Business TypePermanent Residential Lettings
Building Age1st 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/FloorsDouble Storey Townhomes
Net Profit $
Caretaking Fee $$244,350 + GST
Total Lots in Complex209
Letting Pool UnitsProjected
Letting Agreement TermApprox 23 years out of 25 years + 25 years out of 25 years
Caretaking Agreement TermApprox 23 years out of 25 years + 25 years out of 25 years
Office HoursSee Information Memorandum

Property Features

PoolYes
Sauna
Gym
BBQYes
Community Living/Dining RoomYes
Cinema
Concierge
Car ParkingYes
Other FeaturesLockable fenced off storage area for residents
Managers Units
Beds3
Bath2.5
Car SpacesYes
FeaturesAircon, Security
Managers Office
SizeSee Information Memorandum

Management Rights Pricing

Total Price                        $2,150,000

Property Enquiry

3 + 0 = ?

Property Agent

Rod Askew
Director

07 3554 0040