Everton Park, Queensland

Management Rights $1,118,600

Property Description

Permanent Management Rights Close to Brisbane CBD - 1P4292MR

Brisbane Management Rights for Sale, Exclusively Marketed by CRE Brokers.

Located only eight kilometres from the Brisbane CBD. This is what you are purchasing: a spacious, modern, fully appointed stand-alone four bedroom home with two and a half bathrooms including a dedicated office/reception for the business; a workload well within the capacity of one person; Major Hospital and Shopping Centres, Public Transport and quality school facilities nearby; Less than 15 minutes to Brisbane International/Domestic Airport.

Excellent catchment area for tenants.

TOTAL NUMBER OF UNITS : 41
UNITS IN LETTING POOL : 34

Length of Agreements: 24
Agreement Term : 25

MANAGERS RESIDENCE : Stand-alone home, 4 bedroom/2.5 bathrooms
BC SALARY : $46,430
NET PROFIT : $133,772 (includes BC Salary)

REAL ESTATE PRICE : $538,400
BUSINESS PRICE : $580,200
TOTAL ASKING PRICE : $1,118,600

Property Summary

Business Snapshot

Price: Management Rights $1,118,600 Net Profit: $133,772 Remuneration / Body Corp Salary: $46,430Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $538,400Bedrooms: 4Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes

Complex Information

Complex Type: n/aTotal Units in Complex: 41Total Units in Letting Pool: 34Permanent Units: 34Owner Occupy Units: 5Outside Agent Units: 2Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: Yes

Other Features / Notes

A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS

Marketing Agent


Marketing Agency

CRE Brokers

Peter Sagner
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Everton Park, Queensland 4053 Exact map location not provided

Similar Properties

Conveniently close to the City!
Exclusive

ASCOT
Conveniently close to the City!

$1,099,000 Price Guide
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Next Business & Property Sales
Two complexes OTP sold together
Exclusive

TAIGUM
Two complexes OTP sold together

$1,235,250
Net Income: $274,500
Managers Estate: - - Bed - Bath
Letting Pool: 90
Remuneration: $116,001

RAAS Group