Labrador, Queensland

$440,000

Property Description

2.4 multiplier PERFECT ADD ON TO EXISTING COMPLEX OR STAND ALONE FOR CARETAKING ROLE

2.4 Multiplier
OPPORTUNITY EXISTS TO OWN THIS COMPLEX IN Labrador and use it as add on or just simply run on its own. 1 MINUTE WALK TO BROADWATER.

Netting $48K
Unit $325 K (currently being rented out at $350 a week included in the Net)

Live off site
5 hours a week work
ONLY 3.2 MULTIPLIER.
15 UNITS IN TOTAL
7 O OCC.
7 IN POOL
1 OUTSIDE AGENT
BC SALARY $21,600K
16 YEARS LEFT ON AGREEMENT
CAN MAKE MORE $$$ ON REPAIRS AND MAINTENANCE IF YOU LIKE
POOL
NO BBQ
TOTAL PRICE OF BUSINESS AND UNIT $440,000

call Kerrie Lush on 0416 084 693
kerrie@raas.com.au

Property Summary

Business Snapshot

Price: $440,000 Net Profit: $48,000 Remuneration / Body Corp Salary: $21,600

Managers Unit

Value of Managers Apartment: $325,000Bedrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 15Total Units in Letting Pool: 7Holiday Units: 7Owner Occupy Units: 7

Marketing Agent


Marketing Agency

RAAS Group

Kerrie Lush
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Labrador, Queensland 4215 Exact map location not provided

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