Telina, Queensland

Two Complexes at Gladstone

SOLD

Business Description

This is the second lot of complexes offered in conjunction with the four already offered. You can buy just this one or the other four all all six together and take the generous incremental profit by combining all together.
Please contact Robert Collins Exclusive Agent on ---------- or ----------

Business Summary

Business Snapshot

Price: SOLD Net Profit: $91,000 Remuneration / Body Corp Salary: $86,836

Managers Unit

Value of Managers Apartment: $250,000Bedrooms: 4

Complex Information

Complex Type: PermanentTotal Units in Complex: 61Agreement Term Remaining: 18,22 years years

Marketing Agent

Robert Collins

07 3299....

Ras360

Key Investment Insights

1. Two complexes located in Gladstone, with the option to purchase four additional complexes or all six together.
2. Combined net profit of $91,000 and remuneration/body corp salary of $86,836.
3. Option to purchase manager's apartment for $250,000.
4. Permanent complex type with a total of 61 units.
5. Agreement term remaining for 18 and 22 years.
6. Opportunity to generate incremental profit by combining all six complexes.
7. Exclusive agent available for inquiries and further information.

Management Rights Multiplier: 2.47
ROI Estimate: 40.44%