Chermside, Queensland

Business Only Opportunity in Chemside

Expression of Interest

Property Description

• Business only opportunity
• Buyer can choose to buy business only or with a manager unit
• Great flexibility, no requirements to live onsite with no office hours
• No facilities to look after
• Very minimal caretaking duties
• 4 year new building
• 25 years agreement term with 21 years remaining
• High rental demands with great potential to expand the letting pool and other income

Property Summary

Business Snapshot

Price: Expression of Interest Net Profit: $100,740 Remuneration / Body Corp Salary: $41,543Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $500,000Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 37Total Units in Letting Pool: 26Permanent Units: 26Agreement Module: StandardAgreement Term: 25 yearsAgreement Term Remaining: 21 years
Marketing Agent
Fan Zhang
Fan Zhang

Onsite Management Rights

Onsite Management Rights

Listing location
Gallery

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