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LUXURY LIVING WITH A GREAT INCOME - TOP CENTRAL SOUTH BRISBANE LOCATION

Location
Brisbane
Industry Accommodation & Tourism
Investment amount $560,000.00 Opportunity Business for Sale
Inventory amount Listed by Benchmark Business + Commercial Sales
* Total of 28 units in a private and secure gated Permanent Letting Complex (only 8 years old)
* Luxury spacious managers 3 bedroom townhouse: Includes: ensuite with walk in robe, 3 toilets, massive private covered entertainment Courtyard area, space for 2 car accomodation.
* Separate Manager's Office on Title
* Bus at the front door, and close to all amenities, including University.

Key Considerations:
1) Net Profit: $53,000 per year
2) Body Corporate Salary: $31,000 per year - increased by CPI every year
3) Body Corporate Agreement: 25 years with 19 years to run.
4) Freehold Townhouse Price: $325,000 ( Last sale in complex $340,000 )
5) Business Price: $235,000
6) Total Asking Price: $560,000

Current owners of 5 years now want to retire.
Be your own Boss!

This exciting industry enables you to buy a home while earning an income from letting out units and general maintenance such as gardening, mowing and cleaning.
Need to know the real facts about Management Rights - ask me - I have owned and operated them myself for 4 years as well as having Audited them.

Call Michael Pittam (FPNA, MAIBB, MREIQ, Cdec )Mobile: 0419 764 706 or 3387 7722 or Email: michael@benchmarkbusiness.net