FOR SALE
$860,000

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Biggera Waters QLD 4216

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CARETAKING ONLY - NOT REQUIRED TO LIVE ONSITE

This permanent complex with townhouses and villas is in the sought-after Gold Coast suburb of Biggera Waters.
Not requirement to live on-site. Currently the 3-bedroom, 2-bathroom, 2 car manager's unit is leased out. As a bonus, this rental income is excluded from the manager's salary. Enjoy the private backyard and enclosed patio area for family gatherings.
No set office hours and easily to be managed by one person. Caretaking only business with stable salary. Standard workload with body corporate salary of $85,128 + GST which increases yearly by CPI.
Public school and bus stop are at your doorstep. Not far away from Harbour Town, Griffith University and Gold Coast hospital.
Permanent Gold Coast Management Rights businesses have historically proven so popular for many sound reasons, one of which is the freedom of being your own Boss. These Management Rights have thrived prior to and throughout COVID given the stable nature of the income and the need for tenants to secure quality accommodation in this ever-competitive rental market.
This unique Management Rights business for sale is structured with no requirement to live onsite, whilst being a Caretaking only operation! So please call me for more details.

Property Details for Contact Agent For Address, Biggera Waters

Building Type
Commercial

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About Biggera Waters 4216

The size of Biggera Waters is approximately 3.2 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Biggera Waters in 2011 was 6,338 people. By 2016 the population was 8,551 showing a population growth of 34.9% in the area during that time. The predominant age group in Biggera Waters is 20-29 years. Households in Biggera Waters are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Biggera Waters work in a professional occupation. In 2011, 47.5% of the homes in Biggera Waters were owner-occupied compared with 43.9% in 2016.

Biggera Waters has 6,004 properties. Over the last 5 years, Houses in Biggera Waters have seen a 73.10% increase in median value, while Units have seen a 88.79% increase. As at 30 September 2024:

  • The median value for Houses in Biggera Waters is $1,168,757 while the median value for Units is $698,789.
  • Houses have a median rent of $750 while Units have a median rent of $695.
There are currently 87 properties listed for sale, and 19 properties listed for rent in Biggera waters on OnTheHouse. According to CoreLogic's data, 362 properties were sold in the past 12 months in Biggera waters.

Suburb Insights for Biggera Waters 4216

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Jenny Zheng
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.