Labrador, Queensland

offers over 699K

Property Description

LIVE OFF SITE 3.6 Multiplier Boutique permanent in Labrador

This lovely little quiet gated complex is situated far off the road and is a very well run complex. Would suit young couple single operator or Retirees. 21 in complex with 17 in letting with 2 year leases. Great committee with only 3 on the committee. Upstairs downstairs lovely spacious Managers unit with separate office and quite private back area for entertaining. Current owners are wanting to purchase something abit bigger with family in mind OR LIVE OFF SITE AND RENT THE MANAGERS VILLA OUT FOR $460 A WEEK. An extra 24K per year on the net income.

This is a must see and is priced very well.
Call Kerrie Lush 0416 084 693
kerrie@raas.com.au

Property Summary

Business Snapshot

Price: offers over 699K Net Profit: $72,000 Remuneration / Body Corp Salary: $31,000

Managers Unit

Value of Managers Apartment: $435,000Bedrooms: 3

Complex Information

Complex Type: PermanentTotal Units in Complex: 21Total Units in Letting Pool: 17Holiday Units: 17Agreement Term: 25 yearsAgreement Term Remaining: 23 years

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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