Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- Mount Gravatt
- State
- Queensland
- Price
- MR $389.8k / 4.3 Times + MU on Valuation
- Category
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Solid Income and Easy Permanent MR in Brisbane Southside
MR $389.8k / 4.3 Times + MU on Valuation
Mount Gravatt, Queensland
Solid Income and Easy Permanent MR in Brisbane Southside
This is an outstanding opportunity to buy management rights in Mt Gravatt East on the ever-popular Brisbane Southside.Nestled in a prime quiet location, only walking distance to Mount Gravatt Plaza and Mount Gravatt Homemaker Centre, easy access to Westfield Garden City and Westfield Carindale, public transport, close to schools, parks & much much more; Only a short commute to Brisbane CBD, about 10km.
- Asking $389,800 on MR Business with a Net Profit of $90,636
- Manager Lot to be on the latest Valuation by Bank Panel Industry Valuer
- Centrally located in the Leafy suburb of Mt Gravatt East, 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 20 years left on a 25 years accommodation module
- Great remuneration $70,948 with annual adjustment of CPI or 3%, which is greater
- Small letting pool to give you an undisturbed lifestyle
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence
Large two-storey townhouse, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms and a large rear patio and entertaining backyard area
- Well presented on-title office, no office hour
- Manager Unit has been tenanted with a weekly rent of $620
- 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.
Features
Managers Unit
Complex Information
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Last updated: 12th May 2025
Agency
Next Business and Property Sales
Contact
David Jiang
Next Business and Property Sales- 048150....
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