South Brisbane, Queensland

$725,000

Property Description

CARETAKING ONLY. NO REAL ESTATE TO BUY.

Situated in the heart of South Brisbane this management rights business is straight forward to run.

The building manager is very well compensated for duties undertaken as per the caretaking agreement with a salary of $161,000 and no contract hours. Such a wonderful working environment within this beautiful high-rise building.

An excellent return on investment of over 22 percent!

A rare opportunity. Contact us now before it goes……..

Property Summary

Business Snapshot

Price: $725,000 Net Profit: $161,000 Remuneration / Body Corp Salary: $161,000

Managers Unit

No Unit to buy!

Complex Information

Complex Type: PermanentTotal Units in Complex: 100Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: YesPay TV: Yes

Other Features / Notes

No Real Estate to purchase. 22% Return on Investment

Marketing Agent


Marketing Agency

Property Bridge

Jim Lowe
Property Bridge

Phone

Listing Tools

Property Map

Map Location ( get directions )

South Brisbane, Queensland 4101 Exact map location not provided

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