Nundah, Queensland

$868,628

Property Description

Permanent Brisbane Business Onlys with Long Term Agreements | Resort Brokers ID : MRB006093

This small cluster of 3 Business Only Management Rights offers a substantial caretaking salary of in excess of $113k with a highly manageable workload



  • No real estate to purchase bolstering the ROI

  • Extremely manageable workload for the income

  • Long term agreements with 22+ years on all agreements

  • 2 of the 3 buildings are adjoining

  • Strong letting conditions with almost 100% occupancy

  • Only 25 lots in the letting pool for $150k plus income – extremely rare

  • No office hours or requirement to reside onsite

  • Property inspections are by appointment only

Date updated: 06 Dec 2019 23:00:06

Property Summary

Business Snapshot

Price: $868,628 Net Profit: $155,112 Remuneration / Body Corp Salary: $113,000

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 109Total Units in Letting Pool: 25Holiday Units: 25Lockup Units: 109Agreement Term Remaining: 22 years

Marketing Agent


Marketing Agency

ResortBrokers

Gareth Closter
ResortBrokers

Phone

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Property Map

Map Location ( get directions )

Nundah, Queensland 4012 Exact map location not provided

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