29 / 16 Stay Place, Carseldine, Queensland

Great North Side Complex


Property Description

A beautiful complex located on the north side of Brisbane which beckons the lifestyle business operator. This business will suit the first time operator, operators transitioning to retirement or the working couple seeking a business to grow whilst maintaining an existing career. With easy access to major shopping and transport facilities and only an hour to Caloundra this business attracts a healthy income and comes with a spacious comfortable residence. The home has three bedrooms, bathroom and a large front office/reception on title, spacious kitchen dining room with a formal separate dining room, sewing room, double garage and separate workshop. Great place to live with an income attached. manager wishes to retire after being there for 8 years. Management Residence: $690, 000 Management Right Business: $270, 000 This is a low multiplier Total Price: $960,000, Net Profit: $88, 219 For further information and to arrange a personal inspection contact Robert Collins Exclusive Agent on ---------- or ----------

Property Summary

Business Snapshot

Price: $960,000 Net Profit: $88,219 Remuneration / Body Corp Salary: $80,663

Managers Unit

Value of Managers Apartment: $690,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 69Total Units in Letting Pool: 8Holiday Units: 8Owner Occupy Units: 54Outside Agent Units: 4Agreement Term: 10 yearsAgreement Term Remaining: 10 years
Marketing Agent
Robert Collins
Robert Collins

RAAS Property Group

RAAS Property Group

Listing location

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