Management Rights located in the heart of
Hemmant's residential precinct and only eleven
kilometres east of the Brisbane CBD - 1P4390MR

Industry: Accommodation/Tourism - All | Listed by: CRE Brokers
Key Strengths
About this business
EXCLUSIVE TO CRE BROKERS

Just think, only 11 km east of the CBD and mere minutes to the bay.

Live and work comfortably in the three bedroom Manager's Townhouse, plus office and two car spaces. Highly attractive with: Long term Agreements in place; Accountant prepared net profit figures; healthy sinking fund; a 'rock solid' secure salary contract with excellent inbuilt growth of 5% until 2041.

This is an established quiet and well maintained complex, with opportunity to grow the rental pool; maintenance income and consequently the package income.

The current manager is ready to retire and has always enjoyed a collaborative relationship with the Body Corporate.

TOTAL NUMBER OF UNITS : 82
UNITS IN LETTING POOL : 36

MANAGERS RESIDENCE : Three Bedroom Townhouse
NET PROFIT : $153,678
REAL ESTATE PRICE : $320,000
BUSINESS PRICE : $688,000

TOTAL ASKING PRICE $1,008,000
print

  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
  • ListingImage
image image image image image image
Business Name / Ref #:
Contact Advertiser
Location:
QLD
Asking Price:
$1,008,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
0401 81.....
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:

Leasehold Motel For Sale, 30% ROI - 1 Ho...

Well presented Leasehold Motel For Sale, situated in the heart of the ...

Kyabram Motor Inn - 1P3976M

EXCLUSIVE TO CRE BROKERS Exciting VIC Motel For Sale Outstanding Mot...

MANAGEMENT RIGHTS FOR SALE ON BRISBANE'S...

Great buying opportunity on the South-side. The Vendors, having been ...

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

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

All Comments

Management Rights located in the heart of Hemmant's residential precinct and only eleven kilometres east of the Brisbane CBD - 1P4390MR ListingImage
About this business
EXCLUSIVE TO CRE BROKERS

Just think, only 11 km east of the CBD and mere minutes to the bay.

Live and work comfortably in the three bedroom Manager's Townhouse, plus office and two car spaces. Highly attractive with: Long term Agreements in place; Accountant prepared net profit figures; healthy sinking fund; a 'rock solid' secure salary contract with excellent inbuilt growth of 5% until 2041.

This is an established quiet and well maintained complex, with opportunity to grow the rental pool; maintenance income and consequently the package income.

The current manager is ready to retire and has always enjoyed a collaborative relationship with the Body Corporate.

TOTAL NUMBER OF UNITS : 82
UNITS IN LETTING POOL : 36

MANAGERS RESIDENCE : Three Bedroom Townhouse
NET PROFIT : $153,678
REAL ESTATE PRICE : $320,000
BUSINESS PRICE : $688,000

TOTAL ASKING PRICE $1,008,000

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$1,008,000

Login

New user Signup here

Signup or Login with