Upper Mount Gravatt, Queensland

$280,000

Property Description

Caretaking Only Management Rights @ Garden City

Great Complex
The near new apartments complex is situated in Upper Mt. Gravatt, a rapidly growing and sought-after suburb. Good rental $400 to $450 per week and very popular for renters.
- No Office Hours
- Not Required to Live On-Site
- No Lettings
- Separate and Exclusive-use Office
- Huge Upside on lettings

Superb Location
Full of convenience, in a vibrant neighbourhood, close to everything, Shopping Centres, Resturants & Cafes, Bus, Schools,
Day Care and etc
- 2 minutes walking to The Village Shopping Centre, with Coles supermarket
- 10 minutes walking to Westfield Garden City
- 5 minutes ride to Sunnybank Plaza & Market Square
- Major public transport hub, with all city and local bus lines

Great Remuneration - $48,045 with annual adjustment of 3.5% or CPI, which is greater

Long Agreement - Still 23 years left on agreement.

"CLEAN" Income Page
No any income included from Repairs and Maintenance, Cleaning … Great income upsides potentials!

If you want to buy a solid income business, it ticks all your boxes, please book your inspection immediately with our NEXT team.

Property Summary

Business Snapshot

Price: $280,000 Net Profit: $48,045 Remuneration / Body Corp Salary: $48,045Body corp salary review: Fixed %

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 39Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 Years yearsIndoor Pool: YesBBQ Area: Yes

Marketing Agent


Marketing Agency

Next Business & Property Sales

Next Business & Property Sales

Next Business & Property Sales

David Jiang
Next Business & Property Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Upper Mount Gravatt, Queensland 4122 Exact map location not provided

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