Fortitude Valley, Queensland
Business Only Permanent in Brisbane Inner City, First-time on Market
SOLD
Business Description
- Brisbane Inner City location
- Business Only Permanent management rights with Nett $189,816 verified by Industry Specialist Accountant
- Fantastic Body Corporate salary of $120,190 with annual increase by CPI or 4% every May, which is greater
- Long 20 years + on agreements
- Very well run complex and well established and steady business, all procedures documented
- Complex very popular with tenants
- Small letting pool to give you an undisturbed lifestyle
- Spacious separate office on ground floor, be contactable during normal hours
- No manager residence, no requirement to reside on site
If you want to buy a solid management right business and undisturbed lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.
Business Summary
Key Investment Insights
1. Business Only Permanent management rights with a verified Nett income of $189,816 by an Industry Specialist Accountant.
2. Fantastic Body Corporate salary of $120,190 with annual increase by CPI or 4% every May.
3. Long 20 years + on agreements, providing stability and security for the business.
4. Well-established and steady business with all procedures documented.
5. Popular complex with tenants, ensuring a consistent flow of income.
6. Small letting pool for an undisturbed lifestyle.
7. Spacious separate office on the ground floor, allowing for easy contact during normal business hours.
8. No manager residence, providing the opportunity for off-site living.
9. Ideal for those looking for a solid management rights business and a peaceful lifestyle.
10. Located in a desirable Brisbane Inner City location.
