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4.2 Times Multiplier Permanent and Top Manager Residence in Beautiful Bulimba

$480,000/4.2 times + Manager Unit on Valuation

Bulimba, Queensland

4.2 Times Multiplier Permanent and Top Manager Residence in Beautiful Bulimba

-One of the top suburbs in Brisbane City
-Prime location, walking to shops, restaurants, cafes, riverside, bus/ferry and etc
-MR business asking for $480,000, at 4.2 times multiplier only
-Permanent business with net income $114,422
-Remuneration $89,010 with annual increase of 3% or CPI, which is greater
-Small letting pool, 13 lettings in the building
-Long agreement 24 years, latest top up done in 2022
-Large and modern 3 beds/2 baths/2carprak/office manager unit, valued by Bank Panel Valuer
-No office hours, contactable during normal hours
-No requirement on residing onsite confirmed by Top Industry Specialist Solicitor


If you want a solid & easy and lifestyle business, it ticks all the boxes, book your private inspection with NEXT team!

Features

Managers Unit

    Complex Information

    Business Links / Tools

    Last updated: 14th October 2022

    Summary

    Property Type
    Business
    Contract Type
    For Sale
    Location
     Bulimba
    State
     Queensland
    Price
    $480,000/4.2 times + Manager Unit on Valuation
    Category
    • Management Rights

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    Agency

    Next Business and Property Sales

    Next Business and Property Sales

    Contact

    David Jiang