Upper Mount Gravatt, Queensland

Perfect Permanent Management Rights For Sale

$1,620,000

Property Description

- Great location with bus to Griffith University at the door step
- 2 Minutes walk to Garden City Westfield shopping centre
- Small common area and easy to look after
- Very stable letting pool
- Not required to live onsite
- Standalone office spacious and air conditioned

Property Summary

Business Snapshot

Price: $1,620,000 Net Profit: $205,348 Remuneration / Body Corp Salary: $69,632Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $530,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
- Modern Design Manager's Unit - Not required to live onsite - Currently rented for $550 per week ($28,600 pa) (This rental income is not included in the net income)

Complex Information

Complex Type: PermanentTotal Units in Complex: 0Total Units in Letting Pool: 43Permanent Units: 43Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesBBQ Area: Yes
Marketing Agent
Jessica Dong
Jessica Dong

Synergy International Management Rights

Synergy International Management Rights

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