Hillcrest, Queensland
Large Income and Three Business Only Townhouses MRs in Brisbane Southside
$1,830,000
Business Description
Large Income $305,217, Asking for $1,845,000
-Three Simply Business Only MRs, very new townhouses complexes
-Handy locations in Hillcrest and Marsden, close to everything, river, ferry, shops, café, park…
-Net income $305,217, very clean P&L, verified by Industry Specialist Accountant
-Remuneration $153,238 with annual increase of CPI or 3%
-20 years and 24 years left on the agreements
-No gates and easy caretaking workload
-No real estate associated
-No office hours, contactable during normal hours
Ideal for a family or semi-retired couple looking for a solid income and great lifestyle!
Business Summary
Key Investment Insights
1. Three business-only management rights in convenient locations in Hillcrest and Marsden.
2. Net income of $305,217 with a clean P&L, verified by an industry specialist accountant.
3. Remuneration of $153,238 with annual increases of CPI or 3%.
4. Long agreements of 20 and 24 years remaining.
5. No gates and easy caretaking workload.
6. No real estate associated with the management rights.
7. No office hours, allowing for a flexible and manageable workload.
8. Ideal for a family or semi-retired couple looking for a solid income and great lifestyle.
9. Managers unit included in the sale.
10. Close proximity to amenities such as the river, ferry, shops, cafes, and parks.
