Capalaba, Queensland

Easy Care Complex in Capalaba - Business Only

SOLD

Business Description

This is the business you've been searching for! With a 25-year agreement and 21 years remaining, it offers great potential. Operating without a designated office or unit provides flexibility for new management. There are no fixed office hours, allowing for quick responsiveness and adaptability to emerging needs. Plus, the focus is solely on low-maintenance gardens, eliminating the need to manage lawns. This arrangement presents an excellent opportunity for a dynamic and efficient operation.25 Year agreement
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: SOLD Net Profit: $110,592 Remuneration / Body Corp Salary: $66,875

Complex Information

Complex Type: PermanentTotal Units in Complex: 51Total Units in Letting Pool: 23Owner Occupy Units: 23Outside Agent Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 21 years
Marketing Agent
Robert Collins
Robert Collins

Key Investment Insights

1. 25-year agreement with 21 years remaining provides stability and potential for growth.
2. Flexibility in management with no designated office or unit.
3. No fixed office hours allows for quick responsiveness and adaptability.
4. Focus solely on low-maintenance gardens eliminates need for lawn management.
5. Excellent opportunity for a dynamic and efficient operation.
6. Specialization in management rights, motels, hotels, pubs, and parks.
7. Net profit of $110,592.
8. Remuneration/Body Corp Salary of $66,875.
9. Complex type is permanent.
10. 51 total units in complex.
11. 23 units in letting pool.
12. 23 owner-occupied units.
13. 5 outside agent units.
14. Agreement term of 25 years.
15. Agreement term remaining of 21 years.
Listing location
Gallery

This Business is sold

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