Hemmant, Queensland

$1,010,000

Property Description

The Best Management Rights Buy On The Bay

Located in Hemmant only eleven kilometres from the Brisbane CBD and 15 minutes by train in the most picturesque location, this business boasts a secure salary with excellent inbuilt growth. This complex is adjacent to parkland, with train transport in walking distance and only five minutes by car to Wynnum Plaza.

This is an established complex with opportunity to grow the rental pool and maintenance income, and consequently the package income. Manager's residence is three bedrooms and $320 000, the income is $154 700 with room to grow.

The business purchase price is $690 000. Total Price $1 010 000 for all details on this exclusive listing contact Peter Sagner on mobile telephone 0401 814 404 or via e-mail peters@raas.com.au

Property Summary

Business Snapshot

Price: $1,010,000 Net Profit: $154,700 Remuneration / Body Corp Salary: $104,181

Managers Unit

Value of Managers Apartment: $320,000Bedrooms: 3

Complex Information

Complex Type: PermanentTotal Units in Complex: 82Total Units in Letting Pool: 38Holiday Units: 38Owner Occupy Units: 34Agreement Term: 25 yearsAgreement Term Remaining: 19 years

Marketing Agent


Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Peter Sagner
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Hemmant, Queensland 4174 Exact map location not provided

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