FOR SALE
$1,960,000

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Molendinar QLD 4214

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LIVE OFF SITE - GOLD COAST JEWEL

We are proud to bring exclusively to market this centrally located, quiet and secure gated residential Management Rights business.
Quality, spacious and airy 2-bedroom townhouses are nestled within this exclusive and sought after estate. Always attracting plenty of well qualified tenants to your letting pool.
A solid Body Corporate Salary of $142,000, coupled with a net profit of over $222,000 p.a. is packaged with a current Management Agreement term of over 21 years. Well documented and robust management systems are in place which are complimented by the supportive Body Corporate Committee.
Manager's 3-bedroom townhouse, with office attached, is currently rented out at $700 p.w. (36,000 p.a.) which is in addition to the net profit disclosed.
The complex is the best in the area and very well maintained with gorgeous, landscaped gardens, security cameras, electronic gate, BBQ area, and shaded resort style pool.
Only minutes to Trinity Lutheran College, Griffith University, Gold Coast hospital and medical precinct, light rail, great schools, Aldi, Woolworths, and Coles.
There is a great choice of golf courses, fitness & sporting facilities within the area. Major shopping hubs (Robina, Harbour Town) and the train station are all a short 15-minute drive. Easy access to the M1 Motorway and approximately 40 minutes to the airport.
This jewel of a business will not last long on the market. Contact me today before it goes!

Property Details for Contact Agent For Address, Molendinar

Building Type
Commercial

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About Molendinar 4214

The size of Molendinar is approximately 7.7 square kilometres. It has 15 parks covering nearly 7.2% of total area. The population of Molendinar in 2011 was 6,213 people. By 2016 the population was 6,379 showing a population growth of 2.7% in the area during that time. The predominant age group in Molendinar is 20-29 years. Households in Molendinar are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Molendinar work in a professional occupation. In 2011, 61.1% of the homes in Molendinar were owner-occupied compared with 59.9% in 2016.

Molendinar has 3,406 properties.

    There are currently 18 properties listed for sale, and 23 properties listed for rent in Molendinar on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Molendinar.

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