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Townsville permanent complex

$1,010,000

Townsville City, Queensland

Townsville permanent complex

First time for sale in 7 years.
Income $140000
Unit $450000
Total $1010000
Only a 4 multiplier with 23 years to run
Please contact Robert Collins Exclusive Agent on 0404678792 or robertc@raas.com.au

Features

Business Snapshot

  • Price: $1,010,000
  • Net Profit: $140,000

Managers Unit

  • Value of Managers Apartment: $450,000
  • Bedrooms: 3

Complex Information

  • Complex Type: Permanent
  • Total Units in Complex: 55
  • Total Units in Letting Pool: 16
  • Holiday Units: 16
  • Owner Occupy Units: 27
  • Agreement Term Remaining: 23 years

Business Links / Tools

Last updated: 30th July 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Townsville City
State
 Queensland
Price
$1,010,000
Category
  • Management Rights
  • Property/Real Estate

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