22.5% ROI on the business. Established and well
run permanent letting complex in the Central Gold
Coast precinct - 1P4398

Industry: Accommodation/Tourism - All | Listed by: CRE Brokers
Key Strengths
About this business
This landscaped complex of 40 townhouses and villas, 25 of which are in the Manager's rental pool, provides a good income and the opportunity to enjoy a lifestyle to your liking.

The weekly workload to comply with the Caretaking Agreement could be undertaken by a single operator leaving room for a partner to continue in present employment off site. This would be an ideal starter complex for those looking to enter the Industry for the first time or current Managers looking to downsize. The location is central which generates plenty of rental enquiries and a low vacancy rate and is in close proximity to shopping, schooling, hospital, University campus, commercial/light industrial hub and bus service

. Gated security with CCTV.
. Excellent Body Corporate relationship.
. No set office hours.
. Pet friendly complex.
. Three bedroom lowset villa with single lockup garage and office. Parking for 3 other vehicles.

Net Profit : $123,000
Manager's Lot : $390,000
Business : $545,000
Total : $935,000
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Business Name / Ref #:
Contact Advertiser
Location:
Molendinar
QLD
Asking Price:
$935,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
0412 98.....
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Advertiser Details

Specialist business & property agents & valuers dedicated to the tourism & leisure sector
Location: 5 Jarrah Drive
Braeside, Victoria
3195, Australia

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All Comments

22.5% ROI on the business. Established and well run permanent letting complex in the Central Gold Coast precinct - 1P4398 ListingImage
About this business
This landscaped complex of 40 townhouses and villas, 25 of which are in the Manager's rental pool, provides a good income and the opportunity to enjoy a lifestyle to your liking.

The weekly workload to comply with the Caretaking Agreement could be undertaken by a single operator leaving room for a partner to continue in present employment off site. This would be an ideal starter complex for those looking to enter the Industry for the first time or current Managers looking to downsize. The location is central which generates plenty of rental enquiries and a low vacancy rate and is in close proximity to shopping, schooling, hospital, University campus, commercial/light industrial hub and bus service

. Gated security with CCTV.
. Excellent Body Corporate relationship.
. No set office hours.
. Pet friendly complex.
. Three bedroom lowset villa with single lockup garage and office. Parking for 3 other vehicles.

Net Profit : $123,000
Manager's Lot : $390,000
Business : $545,000
Total : $935,000

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$935,000

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