EXCLUSIVE – PERMANENT LETTING
Kelvin Grove
$1,420,000
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
| Location | Kelvin Grove |
| Total Unit Count | 69 |
| Letting Pool | 56 |
| Complex Type | Permanent |
| Module | Accomodation |
| Letting Agreement Term | 25 years |
| Caretaking Agreement Term | 25 years |
| Office Hours | No office hours |
| Caretaking Fee | $114,415 + GST |
| Net Profit | $260,000 |
Property Features
| Close to | 2 klms to CBD. Cafes and Restaurants. |
| Building Type | Permanent Rental |
| Building Age | 2011 |
| Building Levels/Floors | 9 |
| Facilities | |
| Pool | |
| Sauna | |
| Gym | |
| BBQ | |
| Car Parking | |
| Manager’s Unit | |
| Manager’s Office | |
| Other Facilities | |
| Basement Storage | |
| Conference Room |
| Managers Units | |
| Beds | No unit to buy |
| Bath | No unit to buy |
| Car Spaces | No unit to buy |
| Managers Office Size | 5sqm |
Management Pricing
Total Price $1,420,000
Property Enquiry
Property Agent
Rod Askew
Director
07 3554 0040
Eric Brizuela
Management Rights Sales Executive
07 3554 0038
