Sunnybank Hills, Queensland

MR Business for Sale: Central Location together with Solid Income in Sunnybank Hills, Brisbane.

Under Contract / Offer

Property Description

- 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

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $287,262 Remuneration / Body Corp Salary: $227,335Body corp salary review: Fixed %

Managers Unit

Value of Managers Apartment: $450,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title
Well presented managers unit with recent renovations to kitchen, bathrooms and flooring.

Complex Information

Complex Type: PermanentTotal Units in Complex: 79Total Units in Letting Pool: 23Permanent Units: 23Agreement Module: StandardAgreement Term: 25 yearsAgreement Term Remaining: 19 years
Marketing Agent
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Business For Sale - Highly Profitable in Holiday Hotspot - ID 9022 H
2509ML - FANTASTIC STARTER - CHEAP LEASEHOLD WITH UPSIDE
EXCEPTIONAL & UNIQUE MIXED USE BUSINESS OFFERING ON STUNNING MORETON ISLAND!    | Resort Brokers ID : FH006812
Don't miss out on this rare chance to secure an OTP management rights | Resort Brokers ID : OTP006655
Burleigh Heads Beauty with Scope to Grow | Resort Brokers ID : MR006814
Waterfront Holiday/Corporate Property with Style
1419ML - HIGH QUALITY LEASEHOLD PROPERTY, CENTRE OF WAGGA, RARE OPPORTUNITY, ENQUIRE NOW
CARETAKING ONLY MANAGEMENT RIGHTS WITHIN 3KM FROM BRISBANE CITY | Resort Brokers ID : MRC006816
1330MF - ENTRY LEVEL FREEHOLD WAITING FOR NEW OWNERS
1540ML - BE YOUR OWN BOSS! EASILY OPERATED, AFFORDABLE LEASEHOLD
Prime Location, Easy Building, Solid Business
Absolute prime land and strong, steady financials.
High returns in the NSW High Country | Resort Brokers ID : LH006815
Low Multiplier Waterfront
Business For Sale - Low Maintenance Permanent Management Rights - ID 9023 bl
101ML - MURRAY RIVER GEM, YOU WON’T BE DISAPPOINTED
2662MF - READY TO GO, EVERYTHING IS DONE, NEAT AS A PIN FREEHOLD GOING CONCERN
Highly Sought After Hostel Location in Surfers Paradise | Resort Brokers ID : LH006802