Sunnybank Hills, Queensland
MR Business for Sale: Central Location together with Solid Income in Sunnybank Hills, Brisbane.
Under Contract / Offer
- Location! Location! Location! This complex is ideally located in the heart of Sunnybank Hills within walking distances to shopping centre, schools, parks, Altandi Station and public transport.
-Large BC salary provides unique stability and is a perfect opportunity to secure a solid income and lifestyle business.
-First time on the market after 12 years due to operators pending retirement.
-Income has been verified by specialist management rights accountants, McAdam Siemon and covers period 1 May 20 to 30 April 21.
-Increase in BC salary effective 6 June 21 increases NOP to $298,628.00
-Remuneration / Body Corp Salary: $227,335 increases to $238,701 effective from 6 June 21.
-Body Corp salary review: 5% Annually June
Price: Under Contract / Offer
Net Profit: $287,262 Remuneration / Body Corp Salary: $227,335Body corp salary review: Fixed %
Managers UnitValue of Managers Apartment: $450,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title
Well presented managers unit with recent renovations to kitchen, bathrooms and flooring.
Complex InformationComplex Type: PermanentTotal Units in Complex: 79Total Units in Letting Pool: 23Permanent Units: 23Agreement Module: StandardAgreement Term: 25 yearsAgreement Term Remaining: 19 years