Cleveland, Queensland
Asking $1.298mil, Stunning Permanent Management Rights Centrally in Cleveland
SOLD
Business Description
Net Income $150,836
Manager Residence as per valuation by bank panel valuer in October 2022
Totally Asking $1,298,000
Elegant Complex
Perfectly located in Cleveland, a highly sought after position - a quiet and leafy community, just a short stroll to large shopping towns, medical, CBD, schools, transport, the Harbour Precinct and a wide array of amenities, everything is only moments away.
Appr. 25 min ride to Garden City Westfield, Brisbane South Suburbs
Appr. 35min ride to South Bank Parkland, South Brisbane
Appr. 60min ride to Surfers Paradise Beach, Gold Coast
Good rental and very popular for renters.
Very Supportive BC
Good Relationship with BC in place
Great Remuneration
$108,843 with annual adjustment of CPI every April
Long Agreement
Still 22 years left on agreement
Modern and Stunning Manager Residence
A spacious size, two storey 3 beds, 2.5 baths, 3 carparks townhouses comfortably suits all your family's needs
- Fully fenced house with security
- Large backyard for big families
- big office and manager storage
No Requirement of Residing Onsite
No requirement to live onsite
No set up office hours
Just contactable during working hours
This would be a perfect opportunity to secure a solid income and lifestyle business, it ticks all your boxes.
Please book your inspection immediately with our exclusive NEXT team.
Business Summary
Key Investment Insights
Key Insights:
1. Asking price of $1.298 million for a stunning permanent management rights business centrally located in Cleveland.
2. Net income of $150,836.
3. Manager residence valued by bank panel valuer in October 2022.
4. Perfectly located in a highly sought-after community, with easy access to shopping, medical, CBD, schools, and transport.
5. Approximately 25 minutes from Garden City Westfield and 35 minutes from South Bank Parkland.
6. Good rental and popular for renters.
7. Supportive body corporate with a good relationship in place.
8. Great remuneration of $108,843 with annual CPI adjustments.
9. Long agreement with 22 years remaining.
10. Modern and stunning manager residence with 3 bedrooms, 2.5 bathrooms, and 3 carparks.
11. Fully fenced with security and a large backyard.
12. No requirement to live onsite or have set office hours.
13. Perfect opportunity for a solid income and lifestyle business.
14. Exclusive listing with the NEXT team.
