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25 Years and 3% Remuneration Increase Permanent in South Brisbane!

$1,182,000

South Brisbane, Queensland

25 Years and 3% Remuneration Increase Permanent in South Brisbane!

- Management Rights $562,000 with net income $118,380
- Manager Residence $620,000 on Valuation of September 2020

- Perfectly located in the prestigious heart of South Brisbane, walking distance to South Bank Parkland and CBD in 15 minutes
- Close to all the necessary amenities, only a short walk to Conference & Exhibition Centre, Museum, Gallery as well as all vibrant and distinctive award-winning dining, shopping, beauty, health & wellbeing precinct
- High quality building and Very well-run business, all procedures documented
- Full 25 years on caretaker and letting agreements
- Great manager remuneration $82,799 with annual adjustment of CPI or 3%, which is greater
- Modern manager unit - three bedrooms, two bathrooms, one carpark and a large outdoor entertaining yard
- On-title office, no office hours
- Located within the Brisbane State High School and West End State School catchment area

This is a rare opportunity to purchase such a lifestyle permanent management right business! Come and take a look we are sure you will be impressed!

Features

Managers Unit

    Complex Information

    Business Links / Tools

    Last updated: 15th September 2020

    Summary

    Property Type
    Business
    Contract Type
    For Sale
    Location
     South Brisbane
    State
     Queensland
    Price
    $1,182,000
    Category
    • Management Rights

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    Agency

    Next Business and Property Sales

    Next Business and Property Sales

    Contact

    David Jiang
    Patrick Leou