Permanent GEM in Eight Mile Plains - Brisbane Southside Central
This is an outstanding opportunity to buy management rights in Eight Mile Plains on the ever-popular Brisbane Southside. Located close to major arterial roads, trains and bus transport providing easy access to Brisbane and the Gold Coast.
- Asking $566,000 on MR Business with a Net Profit of $127,019
- Plus Manager Lot on the latest Valuation by Bank Panel Industry Valuer
- Centrally located in the Leafy suburb of Eight Mile Plains, Brisbane Southside
- Well- presented complex provides the perfect environment to relax in
- Very well-run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 23 years left on a 25 years accommodation module
- Great manager remuneration $88,598 with annual adjustment of CPI every July
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence
Large low-set villa, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms and a large rear patio and entertaining backyard area
- Large on-title office, no office hour
- Minutes walking to Warrigal Road State School, Runcorn Plaza and Woolworths Eight Mile Plains
- Current manager family has been there for more than 10 years, a good handover will be made to a new manager
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
If you want to buy a solid management right business and great lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team, Exclusive Agency.