West End, Queensland

$595,000

Property Description

Business Only Permanent Management Rights with Nett $105K in West End

Prime Location

This is a boutique building, perfectly located in the prestigious heart of West End, walking distance to South Bank Park and CBD

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

Easy Caretaking Work

Low workload caretaking work, no pool, no garden, no gym, only BBQ rooftop

Usually 6 hours/week, easy for one person

Long Years Agreement

22 Years agreement on both agreements

Great Remuneration

$46,255 annually with CPI or 3% adjustment every October, whichever is greater

No Office Hours

No Unit to Buy

If you want to buy a solid management right business and undisturbed lifestyle, it ticks all your boxes.

Please book your inspection immediately with NEXT's agents, Patrick Leou and David Jiang.

Property Summary

Business Snapshot

Price: $595,000 Net Profit: $105,234 Remuneration / Body Corp Salary: $46,255Body corp salary review: CPI Annually

Managers Unit

No Unit to Buy!

Complex Information

Complex Type: PermanentTotal Units in Complex: 0Agreement Term: 25 yearsAgreement Term Remaining: 22 years

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

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