Toowoomba, Queensland 4350
Busy Management Rights Motel Toowoomba SS
For Sale | $599,000.00 WIWO
Complex/Management rights features:
* Complex consists of 11 units (inc. managers unit)
* 10 in the letting pool, can be 11 if you do not live on site as office is separate.
* All 2 Bedroom fully self contained, Air conditioning, private court yard with each unit and single garage.
* Some units have solar power.
* Very easily managed complex with progressive Body corporate.
* Unit 11 is the managers Freehold Unit included in the sale and is 3 Bedroom with separate office.
* Rent per unit $120.00 to $150.00 per night.
* Great income with healthy Body corporate salary
* Solid Management rights agreement and Caretaking agreement in place (10 year term exp. Nov 2023).
* Excellent fee structure with growth opportunities
* Some minor Real Estate licensing is required.
* Cleaning staff are in place and lend assistance to owner if he is away.
This is an outstanding but rare Management rights opportunity in a beautiful regional city with close proximity to Brisbane, Gold Coast and the Sunshine Coast. It provides a great balance between easily managed work with the lifestyle options of a regional town and could easily be combined with another accommodation business or an addition to another income source.
For genuine enquiries please call Stuart Stephenson on 0419 967 882 today.