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STABLE INCOME, 81% FROM SALARY. NO POOL, SPA, OR GYM.

$898,000

Everton Park, Queensland

STABLE INCOME, 81% FROM SALARY. NO POOL, SPA, OR GYM.

This is a well set up permanent Management Rights for sale in a sought-after location close to Brisbane CBD, good state schools and private schools, public transport, shopping centers, and restaurants. Friendly committees. No set office hours. No pool, spa or gym. Strong rental areas with many long renters. Easily managed and would make a good annual income for a first time operator, semi-retired couple or experienced operator.
The stable Body Corporate annual salary $ 92,000 will be automatically increased each year 3.5%. 25 years Caretaking Agreement remaining with 18 years and 8 months. Clean Profit and Loss. There are many other extras income explained at time of inspection.
Call the exclusive agent to both discuss and make a time to visit the complex

Features

Business Snapshot

  • Price: $898,000
  • Net Profit: $113,893

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Last updated: 13th January 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Everton Park
State
 Queensland
Price
$898,000
Category

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    Agency

    Contact

    Robert Lin 0433000888