South Townsville, Queensland

$1,450,000

Property Description

Prestigious Permanent MR business in a very popular precinct with solid income | Resort Brokers ID : MR006303

Remained strong and stable during COVID. Situated in the well sought-after location of Palmer Street known as the city's south bank, Solarus is perfectly positioned to enjoy all that the area has to offer.



  • Strong net profit

  • Not effected by COVID 19

  • Owners looking to retire

  • No set office hours

  • Opportunity to expand the income

  • Very comfortably managed by husband and wife

  • Property inspections are by appointment only

Date updated: 18 Sep 2020 23:00:06

Property Summary

Business Snapshot

Price: $1,450,000 Net Profit: $254,474 Remuneration / Body Corp Salary: $135,889

Managers Unit

Value of Managers Apartment: $530,000Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 73Total Units in Letting Pool: 28Holiday Units: 28Owner Occupy Units: 38Outside Agent Units: 7Agreement Term Remaining: 21 years

Marketing Agent


Marketing Agency

ResortBrokers

Des Fagg
ResortBrokers

Phone

Listing Tools

This listing last updated: 18th September 2020

Property Map

Map Location ( get directions )

South Townsville, Queensland 4810 Exact map location not provided

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HIGH QUALITY PERMANENT MANAGEMENT RIGHTS...

Under Contract / Offer
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

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