ID 8881 BL, Hillcrest, Queensland

Under Contract / Offer

Property Description

Business For Sale - Small Southside Permanent Management Rights - ID 8881 BL

Phillip Usher Special
Small Brisbane Southside Permanent Complex

- Small southside permanent complex only 2 years old
- Low maintenance grounds, no pool
- Quality 3 bedroom residence with attached office and DLUG
- 36/38 in the letting pool
- Quiet area with good amenities nearby
- This complex would suit a first time operator or as an add on for an experienced operator
- This is a single person operation if I have ever seen one. This truly is as easy as it gets

The quality residence makes it ideal for a growing family or for a couple. Large living area, quality kitchen with stone benchtops and stainless steel appliances. Dining area flows to outdoor area and private courtyard. There is also an attached office and double remote garage. The manager also has a garden shed for equipment and supplies.The low maintenance grounds ensure this is a part time operation and if run by a couple would allow at least one person to work offsite full time if desired

In this price bracket permanent complexes do not come any better

Net Profit: $121,000
Asking Price: $940,000
(inclusive of managers real estate)

For further information on this permanent management rights opportunity contact Listing Broker Tony Johnson

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $121,000 Remuneration / Body Corp Salary: $45,600

Managers Unit

Value of Managers Apartment: $405,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: No
3 bedroom townhouse, 2 bathrooms, Private courtyard, Double lock up garage, Main bedroom with ensuite

Complex Information

Complex Type: PermanentTotal Units in Complex: 38Total Units in Letting Pool: 36Permanent Units: 36Owner Occupy Units: 2Agreement Term: 25 yearsAgreement Term Remaining: 24 years

Marketing Agent

Marketing Agency

MR Sales

Tony Johnson
MR Sales


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Property Map

Map Location ( get directions )

ID 8881 BL, Hillcrest, Queensland 4118

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