LARGE ESTABLISHED MANAGEMENT RIGHTS IN WOOLLOONGABBA WITH NO UNIT TO BUY. BUSINESS ONLY
Woolloongabba, QLD
Price
Location
Approx Nett $
Total Lots
Approx Agreement Term (Yrs)
$2,410,000
Woolloongabba
428704
107
20
About the Property
RCA EXCLUSIVELY PRESENT FOR SALE THE LARGE ESTABLISHED MANAGEMENT AND LETTING RIGHTS AT WOOLLOONGABBA WITH NO MANAGERS RESIDENCE OR OFFICE TO BUY.
+ BUSINESS ONLY. NO MANAGER’S RESIDENCE OR OFFICE TO BUY.
+ Permanent rentals with accountant verified $428,704 nett operating profit per annum
+ Body corp caretaking salary of approx $137,660 per annum
+ 93 x total lots with 62 x in the letting pool in the building
+ 14 x extra outside rentals
+ Approx 20 years remaining on the caretaking & letting agreements
+ Great location in Brisbane’s inner city suburb of Woolloongabba
+ Originally developed by HG Developments
DON'T MISS OUT ON THIS INCREDIBLE LARGE ESTABLISHED MANAGEMENT RIGHTS OPPORTUNITY. REQUEST INFORMATION MEMORANDUM FOR MORE DETAILS ON THIS PROPERTY.
CALL RCA ON 07 3554 0040 FOR MORE DETAILS
Car Parking
BBQ Area
Storage
Elevator
Managers Lot/Unit
N/A
Call Eric
07 3554 0040
Let's discuss this property in more detail and work out how best we can help with your current management rights and/or hotel requirements.
