Property Management

Business Code: TQQ1058


Key Features: Opportunity plus

State: QLD

Suburb: Mudgeeraba, 4213

Location: Central Gold Coast location just off main high road close to shopping centre and public transport.

Description

Property management rights of 10 units. - Complex has 30 x 2 -3 bedroom units. - Guaranteed body corp fees. - Quiet complex with minimal work to maintain - gardens and clean pool. - Near new 2 bedroom, 2 bathroom unit comes with the management rights plus all the maintenance equipment, vacuum cleaner, lawn mower, sweeper, water blaster, sprayer and various industrial maintenance tools and cleaners.

Summary

  • Features: Passive income. - Ideal for retired couple. - Great location

  • Potential: Lots of potential to secure more of the 30 units under the property management role which would add to commissions.

  • Premises: Very tidy residential complex with management unit and an office.

  • Trading Hours: Hours to suit

  • Lease: N/A

  • Employees: 1 owner + 1 casual

  • Comments: Quiet complex which is always occupied with guaranteed weekly takings.

Weekly Summary

Weekly Takings
(inc GST)

$1,158

Total Expenses

$120

Equipment (Included)

$8,000

Net Profit

$1,038

Price

$550,000

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