Kangaroo Point, Queensland

$1,915,000

Property Description

Business For Sale - Brisbane Permanent Management Rights - ID 7860 BL

- Kangaroo Point - A Private Sanctuary and Fantastic Lifestyle
- AAA Location and Features Attract Quality Tenants
- Brisbane management rights for sale
- $14,000 incl GST monthly salary, increased annually by CPI
- Large & comfortable 3 bedroom, 2 bathroom, Managers Apartment with 3 external patios
- The managers apartment would be a great place to raise a family
- Excellent and fully fitted-out separate office held under exclusive use
- REI Master Software
- Very manageable 30 units in the letting pool
- Landscaped gardens are filled with slow-growing drought resistance plants
- The prime location features equates to good tenancy demand
- Minutes walk to the free cross-river ferry services and to the City
- Tennis Court, Pool and excellent Recreation Areas
- Accountant verified annual net profit of $215,000. No high demand caretaking duties. Enjoy a bbq and the garden outlook from the managers patio. Large and spacious ground floor 3 bedroom, 2 bathroom, 2 car space managers apartment

Net Profit: $215,000
(Verified by leading industry accountant)
Asking Price: $1,915,000
(Inclusive of manager's real estate)

CONFIDENTIALITY CONDITIONS APPLY

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

Listing Broker
Greg Jorgensen

Property Summary

Business Snapshot

Price: $1,915,000 Net Profit: $215,000 Remuneration / Body Corp Salary: $168,236

Managers Unit

Value of Managers Apartment: $850,000Bedrooms: 3Bathrooms: 2Office: Exclusive Use
3 bedroom, 2 bathroom apartment, three outdoor patio areas, air-conditioned, ensuite to main bedroom, expansive views from kitchen and living area, quality fittings throughout

Complex Information

Complex Type: PermanentTotal Units in Complex: 91Total Units in Letting Pool: 30Permanent Units: 30Owner Occupy Units: 47Outside Agent Units: 13Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 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 )

Kangaroo Point, Queensland 4169 Exact map location not provided

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