MANAGEMENT RIGHTS FOR SALE ON BRISBANE'S
SOUTHSIDE. URGENT SALE. VENDORS PREPARED TO
NEGOTIATE - 1P4282MR

Industry: Accommodation/Tourism - All | Listed by: CRE Brokers
Key Strengths
About this business
Great buying opportunity on the South-side.

The Vendors, having been in the Industry for many years, sadly, must give up the offering on sound medical advice. This is a one off opportunity for a keen purchaser to buy a steady business and excellent home below current market values. Due to the seriousness of these health issues the Vendors at this south-side complex of 60 units have a real genuine need to sell the business and residence.

The Caretaking and Letting Agreements run until 2041 with options available to extend further thus providing excellent security over your investment.

THE VENDORS ARE WILLING TO CONSIDER ALL REASONABLE OFFERS

The complex is currently run with the help of a part-time gardener but would suit either a couple or single operator to fulfill the requirements of the Body Corporate Agreement. All equipment, including a ride-on-mower, to maintain the common areas of the complex is owned and serviced by the Body Corporate

The net income has been steady for some time now and there is an opportunity for a manager to increase the bottom line with the addition of other income streams.

In today's market this home and business package represents good value for money and must be inspected at the earliest.

TOTAL NUMBER OF UNITS 60

UNITS IN LETTING POOL 50

MANAGERS RESIDENCE 3 BEDROOM FREE STANDING TOWNHOUSE

NET PROFIT $155,000

REAL ESTATE PRICE $420,000

BUSINESS PRICE $710,000

TOTAL ASKING PRICE $1,130,000
print

  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
image image image image image image image image
Business Name / Ref #:
Contact Advertiser
Location:
QLD
Asking Price:
$1,130,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
0412 98.....
emailFriend
Embed

Advertiser Details

Specialist business & property agents & valuers dedicated to the tourism & leisure sector
Location: 5 Jarrah Drive
Braeside, Victoria
3195, Australia

If you are interested in business like this, you should like:

Business For Sale - Cooly Rocks The Bay ...

- First Time Manager Special - Management Rights For Sale - 19 units i...

Business For Sale -Absolute Beachfront H...

An Oldie But A Goodie! - 18 unit building with 9 in the letting pool -...

Perfect Entry Level NSW Regional Motel -...

EXCLUSIVE TO CRE BROKERS The Country Roads Motor Inn, Narrandera. Pr...

Motel - Leasehold - Lake views - Near Du...

Motel - Leasehold - Central West NSW - Agent SBX Code Number: CB1364 ...

All Comments

MANAGEMENT RIGHTS FOR SALE ON BRISBANE'S SOUTHSIDE. URGENT SALE. VENDORS PREPARED TO NEGOTIATE - 1P4282MR ListingImage
About this business
Great buying opportunity on the South-side.

The Vendors, having been in the Industry for many years, sadly, must give up the offering on sound medical advice. This is a one off opportunity for a keen purchaser to buy a steady business and excellent home below current market values. Due to the seriousness of these health issues the Vendors at this south-side complex of 60 units have a real genuine need to sell the business and residence.

The Caretaking and Letting Agreements run until 2041 with options available to extend further thus providing excellent security over your investment.

THE VENDORS ARE WILLING TO CONSIDER ALL REASONABLE OFFERS

The complex is currently run with the help of a part-time gardener but would suit either a couple or single operator to fulfill the requirements of the Body Corporate Agreement. All equipment, including a ride-on-mower, to maintain the common areas of the complex is owned and serviced by the Body Corporate

The net income has been steady for some time now and there is an opportunity for a manager to increase the bottom line with the addition of other income streams.

In today's market this home and business package represents good value for money and must be inspected at the earliest.

TOTAL NUMBER OF UNITS 60

UNITS IN LETTING POOL 50

MANAGERS RESIDENCE 3 BEDROOM FREE STANDING TOWNHOUSE

NET PROFIT $155,000

REAL ESTATE PRICE $420,000

BUSINESS PRICE $710,000

TOTAL ASKING PRICE $1,130,000

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$1,130,000

Login

New user Signup here

Signup or Login with