SUPERB LOCATION 5 MINUTE WALK TO CBD
Brisbane City
For Sale $775,000
Great opportunity for a manager to take this new building and business to the next level. Very light caretaking duties. Easy one person operation.
Property Description
- 22 years to run on agreements
- Nett Income Approx $149,000
- Office on Occupation Authority
- Caretaking fee of $87,144 + GST
- Strong local rental demand
- Mix of 1 & 2 Bed units
Pricing
Management Rights $ | $775,000 |
Managers Unit $ | No Unit to Buy |
Managers Lot/s $ | No Unit to Buy |
Total Price $ | $775,000 |
Management Rights Business Information
Location | Brisbane City |
Business Type | Residential letting |
Building Age | Only 12 months old |
Building Levels/Floors | 10 Levels |
Net Profit $ | Approx $149,000 |
Caretaking Fee $ | $87,144 + GST |
Total Lots in Complex | 78 (1 & 2 Bedroom) |
Letting Pool Units | 36 units |
Letting Agreement Term | 22 years to run |
Caretaking Agreement Term | 22 Years to run |
Office Hours | No office hours |
Property Features
Pool | |
Sauna | |
Gym | |
BBQ | |
Conference Room | |
Cinema | |
Concierge | |
Car Parking | Secure Basement Parking |
Other Features | – |
Managers Units | |
Beds | N/A |
Bath | N/A |
Car Spaces | N/A |
Features | N/A |
Managers Office | |
Size | 20 square metres |