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LIVE OFF SITE 3.6 Multiplier Boutique permanent in Labrador

offers over 699K

Labrador, Queensland

LIVE OFF SITE 3.6 Multiplier Boutique permanent in Labrador

This lovely little quiet gated complex is situated far off the road and is a very well run complex. Would suit young couple single operator or Retirees. 21 in complex with 17 in letting with 2 year leases. Great committee with only 3 on the committee. Upstairs downstairs lovely spacious Managers unit with separate office and quite private back area for entertaining. Current owners are wanting to purchase something abit bigger with family in mind OR LIVE OFF SITE AND RENT THE MANAGERS VILLA OUT FOR $460 A WEEK. An extra 24K per year on the net income.

This is a must see and is priced very well.
Call Kerrie Lush 0416 084 693


Business Snapshot

  • Price: offers over 699K
  • Net Profit: $72,000

Managers Unit

  • Value of Managers Apartment: $435,000
  • Bedrooms: 3

Complex Information

  • Complex Type: Permanent
  • Total Units in Complex: 21
  • Total Units in Letting Pool: 17
  • Holiday Units: 17
  • Agreement Term: 25 years
  • Agreement Term Remaining: 23 years

Business Links / Tools

Last updated: 10th October 2019


Property Type
Contract Type
For Sale
offers over 699K
  • Management Rights
  • Property/Real Estate

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