29 / 16 Stay Place, Carseldine, Queensland

Great North Side Complex

$960,000

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
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Beautifully Presented Complex
RAAS Property Group
Beautifully Presented Complex

ALBANY CREEK

$818,000

Net Income: $81,000
Managers Estate: $593,000 3 Bed 2 Bath
Letting Pool: 52
Remuneration: $80,437

Business For Sale - Multiplier Reduced - Profits Up - ID 8637 BL
MR Sales
Business For Sale - Multiplier Reduced -...

BONGAREE

$877,000

Net Income: $125,540
Managers Estate: $375,000 2 Bed 1 Bath
Letting Pool: 30
Remuneration: $61,231

3% Remuneration Increase and 24 Years Agreements! Simple and Safe!
Next Business & Property Sales
3% Remuneration Increase and 24 Years...

DECEPTION BAY

24 Years + 3% Increase @ $1,080,000 ONO

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Very Minimal Work - Not Require To Live Onsite
Onsite Management Rights
Very Minimal Work - Not Require To Live...

DECEPTION BAY

$1,095,000

Net Income: $142,005
Managers Estate: $385,000 3 Bed 2 Bath
Letting Pool: 42
Remuneration: $73,915

Caretaking Only Management Rights
Synergy International Management Rights
Caretaking Only Management Rights

MURRUMBA DOWNS

Caretaking Only $865,000

Net Income: $88,921
Managers Estate: $425,000 3 Bed 2 Bath
Letting Pool: -
Remuneration: $88,921

Marlborough's Golden Opportunity
Near New 12 Unit Motel Great Location
Bay of Islands Proven Performer
GREAT LITTLE PUB FOR ACTIVE COUPLE RETURNING ROI 48% - 88HL
Busy Motel
Blenheim: A Top Performing Motel in Great Location
Kaiapoi: The Only Motel in Town
Beautifully Presented and Instantly Appealing
Seaside Lifestyle - Good Performing Property
Popular Holiday Hotspot
Alexandra - Borders Open and Summer is Coming!
Affordable 5-Star Luxury Villas in Paradise
Hanmer Springs: 18 Modern Units with Good Lease
Location Well Presented Close to Riccarton Mall
Location and Scale in Napier
Excellent Buying - Eye Catching Motel
19 Unit Motel in the Heart of Wanaka
Enjoy the Benefits of Successful Franchise