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Redcliffe Caretaking Management Rights.

$1,075,000

Redcliffe, Queensland

Redcliffe Caretaking Management Rights.

This is a caretaking business only
There is a letting agreement and five lets. Developer owns 12 units that are rented externally which are listed for sale as well as 16 that are not yet sold.
All rentals that come into the pool you will not have to pay for. For this, the developer askes you to maintain the display and vacant units until all units are sold..25 year agreement with 23 years to run
Unit is $575,000
Business is $500,000
Total $1,075,000
Income is $100,822 with a CPI increase in may.
Please call Exclusive Agent Robert Collins on 0404678792 or robertc@raas.com.au

Features

Business Snapshot

  • Price: $1,075,000
  • Net Profit: $100,822

Managers Unit

  • Value of Managers Apartment: $575,000
  • Bedrooms: 3

Complex Information

  • Complex Type: Permanent
  • Total Units in Complex: 99
  • Agreement Term Remaining: 23 years

Business Links / Tools

Last updated: 23rd March 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Redcliffe
State
 Queensland
Price
$1,075,000
Category
  • Management Rights
  • Property/Real Estate

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