Bulimba, Queensland


Property Description

Business For Sale - Four Adjoining Bulimba Beauties - ID 8892 BL

- Brisbane Management Rights For Sale
- 4 Excellent Complexes, All Permanent Letting At A Very Realistic 5 Multiple
- No set office hours and no requirement to live onsite
- Excellent, realistic and practical committees
- Very manageable 51 in the letting pool
- Architecturally designed, three storey apartment buildings
- The 3 bedroom, 2 bathroom manager's town home is just excellent
- There is a separate, lockable managers office which has a great, practical fit-out
- Net annual profit of $305,000 after all business expenses
- Suit first time couple as business operators
- Also suited to folk looking for a great home and easy, low demand business
- A whopping $193,760 annual salary from the 4 buildings! www.realestate.com.au rate Bulimba as a high demand rental market, therefore limited vacancies. No office hours and no requirement to live onsite.

Net Profit: $305,000
Asking Price: $2,664,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Brisbane management rights business for sale contact:

Listing Broker
Greg Jorgensen

Property Summary

Business Snapshot

Price: $2,664,000 Net Profit: $305,000 Remuneration / Body Corp Salary: $193,760Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,078,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Pets OK: No
Well appointed inner city town home, High quality design, Open plan, High ceilings, Ducted air conditioning, Smeg appliances, Large balcony

Complex Information

Complex Type: PermanentTotal Units in Complex: 139Total Units in Letting Pool: 51Permanent Units: 51Owner Occupy Units: 65Outside Agent Units: 22Manager Units: 1Agreement Module: AccommodationPool: YesGym: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Marketing Agency

MR Sales

Greg Jorgensen
MR Sales


Listing Tools

Property Map

Map Location ( get directions )

Bulimba, Queensland 4171 Exact map location not provided

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