Spring Hill, Queensland

$1,671,000

Property Description

CBD MANAGEMENT RIGHTS FOR SALE

High demand Permanent/Corporate rental building very close to large tenant catchment locality, hospital, Govt & private commercial enterprizes. Occupancy remained strong Net income verified by Industry Accountant.
A hard to find Managers 3 b/room Apartment with 4 car parks, that includes one on title and three exclusive use. Very low caretaking, popular complex. This is a wonderful business opportunity. many other extras and income explained at time of inspection
Please contact Robert Collins Exclusive Agent on 0404678792 or robertc@raas.com.au

Property Summary

Business Snapshot

Price: $1,671,000 Net Profit: $216,520 Remuneration / Body Corp Salary: $84,794

Managers Unit

Value of Managers Apartment: $589,000Bedrooms: 3

Complex Information

Complex Type: CorporateTotal Units in Complex: 48Total Units in Letting Pool: 23Holiday Units: 23Owner Occupy Units: 13Agreement Term: 25 yearsAgreement Term Remaining: 22 years

Marketing Agent

  • Robert Collins

  • 0404 678 792
  • 0404 678 792
  • send email

Marketing Agency

RAAS Group

RAAS Group

RAAS Group

Robert Collins
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Spring Hill, Queensland 4000 Exact map location not provided

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