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Management Rights for Sale Coolum

This holiday complex comprises 4 buildings, having a total of 49 apartments over three levels + single level car park serviced by 8 lifts Facilities include reflective pool and water features, BBQ area and lower ground floors with retail shops.


N.B. The asking price is inclusive of a $30,000 residual value furniture package (3 apartments) with a owner buy back provision, and a Day Spa with a $30,000 Day Spa fit out.


On title, attached to managers apartment approx 21m² 3 bedroom, 2 bathroom air-conditioned apartment of approx 221m² floor area. The apartment has 3 car spaces on title and 5 exclusive use car spaces and 5 exclusive use store rooms.


Magnificent location opposite popular family beach, serviced by retail shops and restaurants offering the chance to grow a near new business perfectly designed for a family operation.

 
 

Property Facts
Location: Sunshine Coast Reference Number: 33
Building Type: Mid Rise Agreement: 25
Build Year: 2006 Commenced: 2006
Rating: AAA 4.5 star Years Remaining: 19
Total Apartments: 49 Net Profit: $445,000 
Letting Pool: 37 Managers Unit Price: $665,000 
Owner Occupiers: 4 Management Rights Price: $2,185,000
Lockups 4 Total Price: $2,850,000 
Outside Agents: 3 Salary: $82,308
Other:      
Managers Unit: Spacious ducted 3 bedroom apartment with outdoor terrace    
Number of Bedrooms: 3    
Number of Bathrooms: 2    
Carparks: 8, 3 on title 5 exclusive use    
Storage: Yes    
Pets: No    
       
Office: Spacious Office on Title    
Other:      
Facilities: Reflective pool and water features, heated pool, sun lounge area, day spa, BBQ    

Agent Details

Listed by: Glenn Millar
Mobile: 0412 277 804
Phone: (07) 3878 3999
Email: Email Agent
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From the 1st of January 2010 a copy of the Sustainability Declaration for this property will be available from the Agent.

Disclaimer
Every care has been taken to verify the accuracy of the information contained in this document, including photo's and artists impressions , but no warranty (either express or implied) is given by the agent as to the accuracy of it's contents. Proposed purchasers should conduct their own investigations into all matters relating to the proposed purchase of the real estate and associated management rights business.