West End, Queensland

Under Contract / Offer

Property Description

4.8 LOW Multiplier Permanent Management Rights in West End!

Perfectly located in the prestigious heart of West End, sought after nature environment for quality lifestyle, walking distance to South Bank Park and CBD in 15 - 20 minutes

High quality complex, Pradella built awarded Building

Close to all the necessary amenities, only a short walk to Conference & Exhibition Centre, Museum, Gallery as well as all vibrant and distinctive award winning dining, shopping, beauty, health & wellbeing precinct and an easy stroll to West End Commercial Street

Very well run complex, all procedures documented

Body Corporate very fantastic and supportive to work with

A great manager remuneration $81,318 with annual adjustment of CPI

21 years agreement on a 25 years accommodation module (Top-up scheduled)

Modern and fantastic loft manager unit - two bedrooms, two bathrooms, one toilet downstairs, two carparks and a large outdoor entertaining yard

Located within the Brisbane State High School and West End State School catchment area

This is a rare opportunity to purchase such a lifestyle permanent management right business! Come and take a look we are sure you will be impressed!

Property Summary

Business Snapshot

Price: Under Contract / Offer Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $750,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: Exclusive Use

Complex Information

Complex Type: PermanentTotal Units in Complex: 65Total Units in Letting Pool: 17Permanent Units: 17Owner Occupy Units: 44Outside Agent Units: 4Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 Years yearsPool: YesGym: 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 )

West End, Queensland 4101 Exact map location not provided

Similar Properties

Solid Resort Business beside the River in Noosaville
Exclusive

NOOSAVILLE
Solid Resort Business beside the River in...

$1,330,000
Net Income: $154,000
Managers Estate: $614,000 2 Bed - Bath
Letting Pool: 19
Remuneration: $46,000

RAAS Group

PORT DOUGLAS
STUNNING HOLIDAY COMPLEX IN PORT DOUGLAS...

$1,325,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers
Management Rights - Close to the City - Can live Offsite!
Exclusive

NUNDAH
Management Rights - Close to the City - Can...

$1,457,000
Net Income: $210,273
Managers Estate: - 2 Bed 2 Bath
Letting Pool: 42
Remuneration: $98,000

Next Business & Property Sales

MERRIMAC
Business For Sale - Central Gold Coast...

$1,335,000
Net Income: -
Managers Estate: $375,000 2 Bed 1 Bath
Letting Pool: 75
Remuneration: $116,595

MR Sales
Good Permanent, No Residing Onsite Requirement in Brisbane Southside
Exclusive

HILLCREST
Good Permanent, No Residing Onsite Requi...

$1,450,000
Net Income: $228,181
Managers Estate: $380,000 4 Bed 2 Bath
Letting Pool: 47
Remuneration: $105,116

Next Business & Property Sales
Waterfront Golden Beach
Exclusive

GOLDEN BEACH
Waterfront Golden Beach

$1,311,722
Net Income: $140,000
Managers Estate: $795,000 3 Bed 2 Bath
Letting Pool: 26
Remuneration: $48,259

Australian Resort Management Sales