RCA EXCLUSIVELY FOR SALE
PERMANENT MLR WITH SOME SHORT STAY
Property Description
- Near-New building in highly sought after West End, Brisbane location
- 23 years remaining out of 25 years on caretaking and letting agreements
- Permanent Residential Letting with a few Short Stay
- Large caretaking salary – simple duties
- Managers Unit with 2 Bed 2 Baths 2 Car Spaces
- Separate Managers Office with Reception space
- CONTACT US FOR A COPY OF THE DETAILED INFORMATION MEMORANDUM
Pricing
Management Rights $ | $1,920,000 |
Managers Unit $ | $625,000 |
Managers Lot/s $ | – |
Total Price $ | $2,545,000 |
Management Rights Business Information
Location | West End |
Business Type | Permanent with some Short Stay |
Building Age | Built 2018 |
Building Levels/Floors | 7 |
Net Profit $ | $340,000 + GST |
Caretaking Fee $ | $155,143 + GST |
Total Lots in Complex | 120 |
Letting Pool Units | 47 |
Letting Agreement Term | 23 years out of 25 years |
Caretaking Agreement Term | 23 years out of 25 years |
Office Hours | See Information Memorandum |
Property Features
Pool | Yes |
Sauna | No |
Gym | No |
BBQ | Yes |
Conference Room | No |
Cinema | No |
Concierge | No |
Car Parking | Yes |
Other Features | Modern Building |
Managers Units | |
Beds | 2 |
Bath | 2 |
Car Spaces | 2 |
Features | Aircon, Security |
Managers Office | |
Size | Yes |