Upper Mount Gravatt, Queensland

Caretaking Only Management Rights @ Garden City

SOLD

Business Description

Easy Complex
The near new apartments complex is situated in Upper Mt. Gravatt, a rapidly growing and sought-after suburb. Good rental $400 to $450 per week and very popular for renters.
- No Office Hours
- Not Required to Live On-Site
- No Lettings
- Separate and Exclusive-use Office
- Huge Upside on lettings

Superb Location
Full of convenience, in a vibrant neighbourhood, close to everything, Shopping Centres, Resturants & Cafes, Bus, Schools,
Day Care and etc
- 2 minutes walking to The Village Shopping Centre, with Coles supermarket
- 10 minutes walking to Westfield Garden City
- 5 minutes ride to Sunnybank Plaza & Market Square
- Major public transport hub, with all city and local bus lines

Great Remuneration - $51,466 plus GST with annual adjustment of 3.5% or CPI in Dec, which is greater, every December

Long Agreement - Still 20 years left on agreement.

"CLEAN" Income Page
No any other income … Great income upsides potentials!

If you want to buy a solid income business, it ticks all your boxes, please book your inspection immediately with our NEXT team.

Business Summary

Managers Unit

Complex Information

Marketing Agent
David Jiang
David Jiang

Next Business & Property Sales

Next Business & Property Sales

Key Investment Insights

Key Insights:

1. Prime location in a rapidly growing and sought-after suburb, with good rental rates and high demand from renters.

2. No office hours required, allowing for a flexible work schedule.

3. Not required to live on-site, providing further flexibility for the manager.

4. No lettings involved, reducing workload and potential for additional income.

5. Separate and exclusive-use office for the manager.

6. Huge potential for increased income through lettings.

7. Convenient location close to shopping centers, restaurants, cafes, public transportation, schools, and day care.

8. Strong remuneration of $51,466 plus GST with annual adjustment of 3.5% or CPI in December.

9. Long agreement with 20 years remaining.

10. "Clean" income page with no other income sources, providing a solid and transparent income stream.

11. Potential for additional income streams and upside potential.

12. Ideal for buyers looking for a solid income business with potential for growth.
Listing location
Gallery

This Business is sold

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