Upper Mount Gravatt, Queensland

$578,000

Property Description

PART-TIME BUSINESS OPPORTUNITY – TOP LOCATION

A small permanent complex ideal for a part-time operator.

Situated in a high demand rental location close to Westfield Garden City Shopping Centre and Griffith University campus. City Express Bus is at your door.

This Brisbane management rights business has 24 years remaining on agreements with simple caretaking duties, no office hours and a salary of over $20,000 p.a.

Includes a comfortable 3 bedroom manager’s townhouse with recent upgrades.

Genuine motivated seller now has other priorities.

Property Summary

Business Snapshot

Price: $578,000 Net Profit: $49,771 Remuneration / Body Corp Salary: $21,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $379,000Bedrooms: 3Bathrooms: 1Car Spaces: 1Pets OK: Yes
3 Bed Townhouse

Complex Information

Complex Type: PermanentTotal Units in Complex: 16Total Units in Letting Pool: 9Permanent Units: 9Owner Occupy Units: 4Outside Agent Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesGym: YesPay TV: Yes

Marketing Agent


Marketing Agency

Property Bridge

Jim Lowe
Property Bridge

Phone

Listing Tools

Property Map

Map Location ( get directions )

Upper Mount Gravatt, Queensland 4122 Exact map location not provided

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