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Management Rights In Rockhampton For Sale

Rockhampton, Queensland, Australia
Asking Price:
$1,500,000 (AUD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This resort style complex is a leading provider of safe and supportive accommodation in the Rockhampton area. It is set on a beautifully landscaped 3.2ha of land with manicured gardens, abundant wildlife, native birdlife and unique trees that offer large shady areas to relax.

Accommodation comprises of 70 townhouses that have either 1, 2 or 3 bedrooms and are available for short or long term residential accommodation. There are private courtyards, back and front of the townhouses, with privacy fencing between the townhouses.

The complex offers an abundance of amenities to its residents such as the covered resort style pool surrounded by tropical gardens, BBQ facilities, a half-court practice basketball court and entertainment area, an on-site laundromat, binder, scanner, photocopier and laser printer.

The On-Site Management Office with staff to assist residents operates 5 days per week. The business is currently experiencing 99% occupancy rate.

The complex is located in a flood free area in North Rockhampton near the Berserker Rangers. It is situated in a close proximity to the city centre, good schools and all the vital amenities in Rockhampton.

The sale includes the Freehold purchase of a fully renovated 4 bedroom Manager’s residence and an additional Freehold fully-furnished 2 bedroom unit that’s currently rented for $325p/w with a 12 month lease in place.

This very well-structured and easy to run business represents with no industry experience required and the current Managers will train the purchasers if required. There is currently 23 years remaining on the management rights of the business.

Property Information

Real Estate:

Lease

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