Care Taking-Complex Management

The Phone Code for this property is: 43532. Please quote this number when phoning or texting.

This complex is easily managed and operated by one person, or anyone new to the industry. Approximately two days work a week.
Body Corporate Salary sale price: $184,000 GST exclusive
No rentals so no license needed.
Enquire about Managers unit also available for sale.

-Located in a sort after location.
-Central Gold Coast near Nerang train station, M1 & Carrara Stadium great for Suns supporters. Across from Emerald Lakes Golf course, improve your golf swing.
- Long term managers of 18 years now retiring
- Long agreements
- Supportive and proactive committee
- Lovely rural outlook
- Potential income made from extra work in complex.
- No employees
- Pet friendly
-All support and training will be given.
Easily run with no office hours, this quiet permanent complex is located within walking distance to golf courses, Carrara stadium and only 15 minutes to Broadbeach. Present owners outsource a lot of the work so there is potential to increase income for the "handyman”.

Property Summary
Body Corporate salary review:     CPI Annually
Managers Unit:                                   Yes also for sale                                                                      Car Spaces:                                          Double Garage
Complex Information
Number of Units:                       44
Rentals                                          None
Lock ups                                       None
Holiday                                          None
Agreement Module:                Accommodation
Office hours                                 No set hours
Agreement Term                       21 years            
Pet friendly                                   Yes
Pool:                                                 Yes
This is an ideal sort after complex to work in.
For further information or to arrange an inspection please contact: Georgie
Please see below for an explanation of what is  Management Rights.

A traditional management rights business has three core elements: -
1.    The ownership of real estate in a community titles scheme / body corporate (which usually includes an office or the right to use an office).
2.    A contract for caretaking of common property with a body corporate (i.e. gardens, swimming pools, pathways etc).
3.    An authorization to let lots for owners. Though not in this case
There are multiple variations though. Some management rights do not include real estate. Some are caretaking or letting only. Some are supervisory (in that the work is done by contractors paid for by the body corporate but supervised by the manager) and some where the manager does all the work.
The financial returns from management rights businesses are very identifiable which is something that cannot be found in many business environments.
The operation of a management rights business can be applied to all styles of property developments – from the traditional unit, townhouse, villa or resort style developments to more recent innovations such as corporate letting, student accommodation and retirement villages.
Management rights remain regarded as an incredibly safe investment proposition, but they remain a very ‘people focused’ business. If you get on well with people, the management rights industry may well suit you.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (xxxxx Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.