Established permanent letting just 2 klms to CBD
$260,000 nett income

No unit to buy & no office hours

New 25 year term on agreements

Very strong rental demand

$114,415 + gst caretaking fee

Office on occupation authority

Great position – walk to cafes and Restaurants

Pricing

Management Rights $$1,420,000
Managers Unit $ No unit to Buy
Managers Lot/s $Occupation Authority – Airconed
Total Price $$1,420,000

Management Rights Business Information

NOTE: All property and business information and pricing is correct at the time of going to market. Please contact us for the detailed information memorandum.
LocationKelvin Grove
Total Unit Count69
Letting Pool56
Complex TypePermanent
ModuleAccomodation
Letting Agreement Term25 years
Caretaking Agreement Term25 years
Office HoursNo office hours
Caretaking Fee$114,415 + GST
Net Profit$260,000

Property Features

Close to2 klms to CBD. Cafes and Restaurants.
Building TypePermanent Rental
Building Age2011
Building Levels/Floors9
Facilities
Pool
Sauna
Gym
BBQ
Car Parking
Manager’s Unit
Manager’s Office
Other Facilities
Basement Storage
Conference Room
Managers Units
BedsNo unit to buy
BathNo unit to buy
Car SpacesNo unit to buy
Managers Office Size5sqm

Management Pricing

Total Price                         $1,420,000

Property Enquiry

0 + 2 = ?

Property Agent

Rod Askew
Director

07 3554 0040

Eric Brizuela
Management Rights Sales Executive

07 3554 0038

Property Links