Labrador, Queensland
Caretaking Only!!
$102,000
Business Description
Caretaking Only!!
This 3 storey walk up complex is situated within walking distance from the Broadwater.
The convenience factor of this complex is superb with easy access to shopping, restaurants, public transport and the Broadwater with children’s playground and family BBQ area.
The ideal add on, or entry for a new management rights owner.
To arrange an inspection please call: Gavin
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Business Summary
Business Snapshot
Price: $102,000
Net Profit: $23,800 Remuneration / Body Corp Salary: $23,800
Complex Information
Complex Type: CaretakerTotal Units in Complex: 15Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: Yes
Key Investment Insights
1. The complex is situated within walking distance from the Broadwater, making it a convenient location for residents.
2. The complex is in close proximity to shopping, restaurants, and public transport, providing easy access for residents.
3. The complex is a 3 storey walk up, making it suitable for families and individuals who prefer not to live in high-rise buildings.
4. The complex has a children's playground and family BBQ area, making it a family-friendly environment.
5. The business is caretaking only, meaning there is no need for the owner to manage the letting of units.
6. The complex has a low net profit of $23,800, making it an ideal entry-level opportunity for a new management rights owner.
7. The complex has a long agreement term of 25 years, with 20 years remaining, providing stability for the new owner.
8. The complex has a pool, providing residents with a recreational area.
9. The agreement module is accommodation, providing flexibility for the new owner.
10. The complex has a total of 15 units, making it a manageable size for a caretaker.
