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Management Rights

For Sale Exclusive

Easy Run Permanent Management Rights

Kawana Island

Manager's Unit:
3 Bedrooms
2 Bathrooms
2 Parking

An exceptional opportunity to secure a low-workload management rights business in one of the Sunshine Coasts most desirable locations.

Over 90% of income is derived from the body corporate salary. The body corporate covers all gardening requirements, with the manager only responsible for the mowing of common areas. There are no set office hours and duties can be subcontracted making this an ideal business for a single operator.

The letting pool currently includes 4 long-term rentals generating over $12,000 p.a. with scope to grow the pool externally and increase income.

The managers residence is a highlight! A spacious 3 bed, 2 bath apartment with a separate office. Features include a large enclosed patio two secure car spaces and 67m of on-title storage. Storage rentals add approx. $8,000 p.a to the nett.

Key Highlights:
Large BC salary
Body corporate pays all gardening services (only mowing required)
No set office hours
Spacious renovated managers unit
Agreements topped up last year with 23 years remaining
Supportive committee & community

The manager’s residence is one of the best available on the market today: Large family sized ground floor apartment 142sqm with 3 bedrooms 2 bathrooms. Fourth room with separate entrance currently a home office 51sqm, north facing enclosed patio, sunny, private, pet friendly. Two adjacent car spaces in secure basement. Huge 67sqm of on title storage, 10 storage units including a 17sqm lock up garage. Storage rentals generate approx \$8,000 p.a.

 

Nett Income: $153,816

Remuneration: $140,447