Everton Hills, Queensland

Offers Over $1,210,000

Property Description

Business For Sale - Permanent With No Requirement To Live Onsite - ID 8875 BL

- Townhouse Management Rights - Brisbane
- Management rights business for sale
- Near new complex fully tenanted
- 46 in total with 43 in the letting pool
- Manager's unit is rented out at $480 per week to the end of June 2018 as there is no requirement to live onsite
- 3 & 4 bedroom townhouses with double garages
- NBN to premises
- Average 3 bedroom rent $480 per week, average 4 bedroom rent $585 per week
- Lap pool and CCTV
- Separate lockable office with no set hours
- Just 11 kms from Brisbane CBD
- Easy garden maintenance
- This brilliantly presented complex is just 6 months old. The manager's residence is 3 bedrooms with 2.5 bathrooms and double garage. There is no requirement to live onsite and the residence is currently rented out at $480 per week to the end of June 2018.

Net Profit: $170,000
(6 months verified actual - incl $25,000 for manager's residence)
Asking Price: $560,000 for the manager's residence
+ offers over $650,000 for the business.

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

Listing Broker
Warren Oliver

Property Summary

Business Snapshot

Price: Offers Over $1,210,000 Net Profit: $170,000 Remuneration / Body Corp Salary: $51,750

Managers Unit

Value of Managers Apartment: $560,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Freestanding residence, Air conditioned, No requirement to live onsite, Currently rented out at $480 per week.

Complex Information

Complex Type: PermanentTotal Units in Complex: 46Total Units in Letting Pool: 43Permanent Units: 43Owner Occupy Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesWIFI: Yes

Marketing Agent

  • Warren Oliver

  • 1300 928 556
  • 0416 216 625
  • send email

Marketing Agency

MR Sales

MR Sales

MR Sales

Warren Oliver
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Everton Hills, Queensland 4053 Exact map location not provided

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