Brisbane City, Queensland

$1,050,000

Property Description

Superb Location 5 Minute Walk to CBD

Great opportunity for a manager to take this new building and business to the next level. Very light caretaking duties. Easy one person operation.

- 24 years to run on agreements
- Nett Income $181,410
- Office on Occupation Authority
- Caretaking fee of $87,500 + GST
- Strong local rental demand
- Mix of 1 & 2 Bed units

Property Summary

Business Snapshot

Price: $1,050,000 Net Profit: $181,410 Remuneration / Body Corp Salary: $87,500Body corp salary review: Other

Managers Unit

Office: Exclusive Use
Managers Office Size: 20 square metres

Complex Information

Complex Type: CorporateTotal Units in Complex: 78Total Units in Letting Pool: 50Permanent Units: 50Agreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: Yes

Marketing Agent

Rod Askew / Eric Brizuela

Marketing Agency

RCA Business Brokers

RCA Business Brokers

RCA Business Brokers

Rod Askew / Eric Brizuela
RCA Business Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Brisbane City, Queensland 4000 Exact map location not provided

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