Kelvin Grove, Queensland

$1,418,000

Property Description

Perfect Combination of Lifestyle and Business in Excellent Location

- Located only a few kilometres from the CBD, Kelvin Grove is one of the most sought-after suburbs for its proximity to the city. It is easy to get around the suburbs and the city without the need for a car, which makes it an ideal choice for students and city professionals!

- Great public transport is well serviced by buses and trains. Walking distance to shops, cafes, parks, and school.

- Huge potential to grow letting income with high turnover rate, along with 24 years long agreement terms.

- Only one manager unit to purchase. The 3-bedroom spacious Manager’s Unit is well suited for families, where extensive recreational facilities are available for your children!

The suburb attracts many young professionals, students and families, if you are looking for a solid business, call exclusive agent Celine for further information,

Property Summary

Business Snapshot

Price: $1,418,000 Net Profit: $153,500 Remuneration / Body Corp Salary: $71,600Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $620,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 0Total Units in Letting Pool: 36Permanent Units: 36Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesGym: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

Shine Realty

Celine Tseng
Shine Realty

Phone

Listing Tools

Property Map

Map Location ( get directions )

Kelvin Grove, Queensland 4059 Exact map location not provided

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