Kangaroo Point, Queensland

$1,915,000

Property Description

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

PRIVATE SANCTUARY & A FANTASTIC LIFESTYLE IN KANGAROO POINT
Exceptional Location Features Attract Great Tenants

- $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

Great salary each and every month and Accountant Verified above $200,000 net profit.Not high demand caretaking duties and a gardener's dream. Enjoy a bbq and the garden outlook from the managers patio(s) and apartment.Large and spacious ground floor 3 bedroom, 2 bathroom 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 Exclusive 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

This listing last updated: 11th September 2018

Property Map

Map Location ( get directions )

Kangaroo Point, Queensland 4169 Exact map location not provided

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