Logan Central, Queensland

Business Only Opportunity in Logan Central

$431,000

Property Description

• Rare apartments management rights in Logan Central
• Not required to live onsite
• No set office hours
• Easily managed
• No swimming pool, very limited gardening work
• 4% increase annually for body corporate salary
• 25 years remain on Management Rights agreements
• Business asking price $431,000
• With an option to buy a manager unit valued at $260,000

Property Summary

Business Snapshot

Price: $431,000 Net Profit: $86,203 Remuneration / Body Corp Salary: $46,343Body corp salary review: Fixed %

Managers Unit

Complex Information

Complex Type: n/aTotal Units in Complex: 37Total Units in Letting Pool: 21Permanent Units: 21Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Marketing Agent
Greg Yang
Greg Yang

Onsite Management Rights

Onsite Management Rights

Listing location
Gallery

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