Redcliffe, Queensland

Redcliffe Caretaking Management Rights.

$950,000

Property Description

This is a caretaking business only
There is a letting agreement and five lets. Developer owns 12 units that are rented externally which are listed for sale as well as 16 that are not yet sold.
All rentals that come into the pool you will not have to pay for. For this, the developer askes you to maintain the display and vacant units until all units are sold..25 year agreement with 23 years to run
Unit is $550,000
Business is $400,000
Total $950,000
Income is $100,822 with a CPI increase in may.
Please call Exclusive Agent Robert Collins on ---------- or ----------

Property Summary

Business Snapshot

Price: $950,000 Net Profit: $100,822 Remuneration / Body Corp Salary: $100,822

Managers Unit

Value of Managers Apartment: $550,000Bedrooms: 3

Complex Information

Complex Type: PermanentTotal Units in Complex: 99Agreement Term Remaining: 23 years
Marketing Agent
Robert Collins
Robert Collins

Listing location
Gallery

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