Bartercard Real Estate

Management Rights

$60,000 MUST SELL
50% Trade Component
AU$30,000 (Cash) | AU$30,000 (Trade)

Additional Information


Pinterest

46 Peninsular Drive, Surfers Paradise, QLD 4217, Australia

I am selling because I manage another property north of here and it is taking up too much of my time. Walk 200m to the middle of Surfers Paradise.

  • 22 by 2 bdrm apartments all permanently rented. All apartments rented by outside agents. 
  • Agreement commenced 30 OCT 2017 ending 29 OCT 2027
  • Option to extend from 30 OCT 2027 ending 29 OCT 2037
  • Initial renumeration $21,266
  • Increase each year by CPI 
  • Substanial extra income to be earned by managing other apartments
  • No lawns minimal gardens
  • Pool on site
  • Laundry on site for extra income

Additional Information

Unit 22 rented by the onsite manager for $420 per wk. I pay the owner of the apartment $370 per week so cost to me for onsite manager is $50 per wk. Onsite manager is responsible for grounds and pool. 


Property Features

Not applicable

Property Information

Category
Business
Under Offer
No

Vendor Details

Paul Ashton

Phone : 0403 187 499
Email : pashton@bigpond.com

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