Hamilton, Queensland

$2,200,000

Property Description

Business For Sale - Absolute Riverfront Luxury - ID 8933 BL

- Brisbane Management Rights For Sale
- Verified $290,000 Income
- Excellent annual salary of $163,274 + GST
- Reviewed each and every year by 5% or CPI, whichever is greater. The best I've seen!
- The small letting pool of 14 is very manageable
- Principally a supervisory role - Gardens
- Readily run by a one person team with time left over
- A well appointed and positioned managers apartment located on the first floor
- Double car spaces plus huge storage
- Quality position equates to good, strong rental levels
- Surrounded by many cafes, restaurants and recreation hubs that you won't want to leave!
- Fantastic area with many adjoining facilities and services. Very realistically priced. The manager's office is attached and on title.

Net Profit: $290,232
Asking Price: $2,200,000
(Inclusive of manager's real estate)

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

Exclusive Broker
Greg Jorgensen

Property Summary

Business Snapshot

Price: $2,200,000 Net Profit: $290,232 Remuneration / Body Corp Salary: $163,274Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,015,000Bedrooms: 3Bathrooms: 2Car Spaces: 2
Large and spacious, Three queen sized bedrooms, 192m² floor area, Separate laundry, Great patio for relaxing

Complex Information

Complex Type: PermanentTotal Units in Complex: 111Total Units in Letting Pool: 15Permanent Units: 15Owner Occupy Units: 96Outside Agent Units: 2Manager Units: 1Agreement Term: 10 yearsPool: YesTennis Court: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

MR Sales

Greg Jorgensen
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Hamilton, Queensland 4007 Exact map location not provided

Similar Properties