Two Properties sold as one

Key Investment Insights

1. Two properties being sold as one, located in Woolangabba and Nundah.
2. No real estate to buy, as the properties are being sold with exclusive use of an office in each one.
3. Lots of storage and equipment owned by the Body Corporate.
4. Current manager only spends less than a day per week in each property.
5. Business is a permanent complex with a total of 22 units.
6. There are 37 units in the letting pool, with 6 owner-occupied units.
7. Agreement term is 25 years, with 21 years remaining.
8. Net profit for the business is $146,000.
9. Contact information for the exclusive agent is provided.