The Scarborough management rights caretaking business - Off the Plan
The Scarborough management rights caretaking business - Off the Plan
The Scarborough management rights caretaking business - Off the Plan
The Scarborough management rights caretaking business - Off the Plan
The Scarborough management rights caretaking business - Off the Plan
The Scarborough management rights caretaking business - Off the Plan
The Scarborough management rights caretaking business - Off the Plan
The Scarborough management rights caretaking business - Off the Plan
The Scarborough management rights caretaking business - Off the Plan
The Scarborough management rights caretaking business - Off the Plan

The Scarborough management rights caretaking business - Off the Plan

$655,700 plus Manager's UnitSold

This is a fantastic opportunity to purchase a business which will have a secure Body Corporate Remuneration income of $166,000 per annum indexed to the CPI. The Scarborough is a linked four tower development overlooking Moreton Bay.

Key Features

  • A 131 unit luxury complex in a beautiful bay side location.
  • A guaranteed Body Corporate remuneration income starting at $83,000 per annum and increasing to $166,000 per annum based on the sale of all 131 units by the final units registration date.
  • A secure of $166,000 with CPI increases per annum.
  • A work load easily managed by an experienced caretaker and staff.
  • An option to purchase a beautiful apartment.
  • A quiet peaceful life style close to everything that one could need.

 NB: Property inspections are by appointment only

 

Key Details

Listing Ref: OTP004193
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Scarborough
Sale Type: Management Rights - Off the Plan
Price: $655,700 plus Manager's Unit

Location

Listing Agent(s)

Agent Feedback

We have been associated with Neville Littleton since 2010. From 2010 to present Neville visited often and was given the opportunity to list our two complexes for sale in 2015. Neville was successful in selling our complexes and during the process we found him to be very diligent ,courteous and kept us informed of proceedings.We confirm that Neville is a man of great integrity and dedicated to his work and found that no question (whether small or big) was too much trouble for him. We are happy to recommend Neville Littleton to anyone wishing to list their Management Rights.

- Daniel and Betty Flynn
Owners,
Management Rights

Shane Wynhoven did a sterling job in securing the sale. He had to jump through a lot of hoops to get this across the line but he did so in a thoroughly professional manner at all times. He responded promptly to any enquiries we had with the property and updated us of any progress and of any impending problems.

- Bruce and Tanya McDonald MILLTHORPE MOTEL

Neville was very prompt with your appointments and kept the prospect buyers well informed about all aspects of our business. All this resulted in an offer equal to the asking price and being accepted by us within fourteen days of listing.Neville this is a great result and we sincerely thank you for this.We hope to do more business with you in the near future.

- Lou Sprangers and Adria Stoffels
Previous Vendors,
Waterview Margate Beach