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Shop 10 / 113 Landsborough Avenue, Scarborough, Queensland

Beautiful Scarborough Management Rights

$1,480,000

Property Description

P&L has been done by McAdam Siemon a qualified MR accountant

19 years to run of a 25 year agreement

No unit to buy only the office for $140,000

no office hours

Easily run by roughly 5 hours work per day one person

17 rentals

Set in a beautiful area

Property Summary

Business Snapshot

Price: $1,480,000 Net Profit: $231,060 Remuneration / Body Corp Salary: $195,369

Managers Unit

Value of Managers Apartment: $140,000

Complex Information

Complex Type: PermanentTotal Units in Complex: 131Total Units in Letting Pool: 17Holiday Units: 17Owner Occupy Units: 114Outside Agent Units: 114Agreement Term: 25 yearsAgreement Term Remaining: 19 years
Marketing Agent
Robert Collins
Robert Collins

RAAS Property Group

RAAS Property Group

Listing location
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Last update: 28th July 2022

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