Kin Kora, Queensland

$887,000

Property Description

Gladstone Properties

These four property are offered as a group with a managers home . You also have the opportunity of securing an additional two properties with a total income of $98,000 and a beautiful two story ultra modern home valued at $250,000. If you purchase the additional two properties this home must be purchased and lived in and again the multiplier is low Expenses have not been prorated so any purchase of both lots gains you an additional $7,000 to the bottom line.Please see second listing for additional information.
Please contact Robert Collins Exclusive Agent on 0404678792 or robertc@raas.com.au

Property Summary

Business Snapshot

Price: $887,000 Net Profit: $206,527 Remuneration / Body Corp Salary: $135,061

Managers Unit

Value of Managers Apartment: $300,000Bedrooms: 4

Complex Information

Complex Type: PermanentTotal Units in Complex: 106Total Units in Letting Pool: 52Holiday Units: 52Agreement Term Remaining: 24,19,20,20 years years

Marketing Agent


Marketing Agency

RAAS Group

Robert Collins
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Kin Kora, Queensland 4680 Exact map location not provided

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