, KIPPA-RING 4021
$3,105,000
[This property is Under Offer]
David Rotheram

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MR Sales
Suite 1 Equinox Sun Resort, 3458 Main Beach Parade,
Surfers Paradise, QLD 4217

KIPPA-RING 4021

Services for sale

KIPPA-RING QLD 4021

$3,105,000

Business Details

Business For Sale - Large Permanent North Brisbane - ID 8240 BL

- Northern Brisbane permanent management rights ideal for two families
- Managers residence is large 4 bedroom, 2.5 bathroom townhouse with double lock up garage and private courtyard
- The second residence, a 3 bedroom townhouse, is currently rented out at $345 per week
- Attached office, Console software, most tenants pay rent via EFT
- Long agreements expiring 2035 and 2033. Combined Body Corporate salary of $168,000+ with CPI increases
- 150 x 3 bedroom townhouses - 145 in the letting pool averaging rents of $330 per week
- Small amount of gardening, no pools to maintain!
- Pet permitted for the manager with Body Corporate approval
- Real estate priced at $840,000 ($475,000 + $365,000).

Net Profit: $412,000
Asking Price: $3,105,000
(inclusive of managers real estate)
For further information on this management rights opportunity contact Exclusive Agent David Rotheram

Summary »

  • Business Category: Services
  • Business Sub Category: Management Rights
  • Floor Area: 1 sqm

Enquire

MR Sales
Suite 1 Equinox Sun Resort, 3458 Main Beach Parade,
Surfers Paradise, QLD 4217

Phone: 07 5555 8200
Fax: 07 5570 4693

David Rotheram
Phone: 1300 928 556
Mobile: 0414 706 600

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