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Management Rights - Town House Freehold - Prime location

Business for Sale
Management Rights - Town House Freehold - Prime location
QLD

Management Rights - Town House Freehold - Sunshine Coast Queensland - Agent SBX Code Number: TTQJ1040 Management rights of resort - residential complex which comprises 120 town houses of whic...

Price $17,178,000.00

Management Rights - Town House Freehold - Prime location

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Management Rights - Town House Freehold - Sunshine Coast Queensland - Agent SBX Code Number: TTQJ1040



Management rights of resort - residential complex which comprises 120 town houses of which 32 are being offered for sale mainly 3 bedrooms together with the management rights currently 60 units comprising of a residence, large lagoon style swimming pool, 2 tennis courts, golf chipping green, barbecue facilities and a childrens playground. - Also many units are on water frontage. - The complex is fully let on a minimum 6 month lease with a long waiting list. - There is a licensed restaurant on the complex. - This is a very high quality residential development with 22 x 3 bedroom town houses, 7 x 2 bedroom and 2 x1 bedroom.



Potential

Management rights has potential to grow with 100% occupancy.



Features

Same owner for the last 12 years showing very consistent returns. - First time offered. - Prime Sunshine Coast location.



Premises

Approx. 3.5 acres of prime residential and resort zoning.



Location

Prime location situated on the Sunshine Coast close to beach, golf course and major shopping centre.



Trading Hours

7 days - 8 a.m.- 5 p.m.



Lease

All strata title.



Employees

1 owner + 2 staff



Comments

There are 32 units being offered with written valuation of approx. $16,000,000 plus the management rights with a value of approx. $1,500,000. - Rare opportunity to purchase a very high quality development and very consistent management rights business. - All strata title town house development on large acreage with very strong capital growth in the future. - Financials available after property inspection.



Agent SBX Code Number: TTQJ1040 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 102027
SBX ID: TTQJ1040




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