FORREST KNIGHT PTY LTD
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Great Investment Opportunity
This great investment opportunity offers you a blue-chip Management Rights business to allow you to transition from paid employment to self-employment where you call the shots, work when you want, from your own home. How good is that! Management Rights are frequently referred to as the ultimate home-based business.
Low-Maintenance Grounds
This is a remarkable opportunity to purchase Management Rights of a unit complex that is well regarded, well-maintained and ready for a new pair of hands to take over the reins. The low-maintenance gardens and grounds will allow a couple/single operator to easily keep the complex looking mint! The complex swimming pool and entertainment area is a great meeting place for residents and their visitors.
Location, Location, Location
Cleveland Central is a security gated complex located close to major arterial roads, trains and bus transport plus walking distance to your retail therapy and fabulous Raby Bay dining precinct and let’s not forget the beaches! This 42-unit gem has a mixture of 3 bedroom low-set villas plus 3 and 2 bedroom townhouses.
Flexible Lifestyle
The lifestyle flexibility is ideal for young families seeking a high quality of life or couples looking to downsize whilst maintaining a steady income stream.
The Ultimate Work/Life Balance
Your Villa
Three bedrooms with built in robes, plus dedicated Office, with separate entrance.
Fully tiled living areas with carpet and wood floors in bedrooms
Air conditioning in lounge, master bedroom and office.
Single lock-up garage with additional car parking in front.
Recessed lighting plus fans in all rooms and office.
Covered outdoor entertainment area, perfect for family enjoyment and hosting guests. The private spacious courtyard with maintenance free gardens is suitable for children and pet-secure living.
Your Business
Attractive Body Corporate salary ($79K incl GST) with annual CPI increases
Two sheds available for manager’s exclusive use
No set office hours
CCTV system
(owned by Body Corp)
Manager’s office with separate entrance attached to unit and on title, including standard office equipment.
Excellent range of equipment included in sale price, such as mowers, garden care, power equipment etc. An additional list of equipment is available for purchase separately, including Rancher ride on mower + more
The Numbers
Units in Rental Pool
11
1
External Rental
Outside Agents.
Opportunity to add to rental pool.
3
Average Weekly Rent
$420
Incl GST per annum
Body Corp Remuneration
(linked to CPI)
$79K
Net Operating Profit
Verified by Industry Specialist Accountant
$89,284
$383,921
$670K
$1,054,000
Business Price
(4.3 multiplier)
Manager's Residential Villa
Including Office,
Asking Price
Total Asking Price
Enquire Today
Don’t miss out on this outstanding opportunity to secure a thriving permanent management rights business. With its strong rental pool with room to grow, strategic location and low-maintenance caretaking duties, this investment promises a harmonious blend of financial success and relaxed lifestyle.
To avoid missing out we encourage interested parties to reach out with their inquiries promptly as such a lucrative opportunity is expected to be quickly secured.
Property Inspection Appointments
Property Inspections are by appointment only. Please complete appointment request form, and we will be in contact to arrange an inspection time.
Alternatively, please call for further details.
FORREST KNIGHT PTY LTD
Contact: Paul A Knight
Email: pagcknight@bigpond.com
Mobile: 0450 604 648
Office: (07) 38212220
Principal Real Estate Licence: #3563802/3563803