Blue Chip Permanent Management Rights in Australia's Beef Capital City Hot Spot - 1P4271MR

EXCLUSIVE TO CRE BROKERS. Rock-solid Management Rights located at Rockhampton East. And Rockhampton is booming! The city is on-trend to a population of 115,000.

Features include:

. Swimming pool, Basket Ball Half Court, BBQ, Secure Gated Site
. Two bedroom Manager's residence above the generous office reception
. All units with under cover parking
. Secure CPI indexed salary until November 2042
. Salary, 86.6% of Net Profit
. 100% occupancy
. Back to back rentals
. Grow the business
. Two person business, work at your own pace
. Genuine COVID proof business
. Additional 4 bedroom, 2 bathroom home may be purchased for only $420,000

MANAGER'S RESIDENCE : 2 Bedroom, First Floor Apartment

TOTAL NUMBER OF UNITS : 70
UNITS IN LETTING POOL : 50
NET PROFIT : $210,000

REAL ESTATE PRICE : $320,000
BUSINESS PRICE : $660,000
TOTAL ASKING PRICE : $980,000
TOTAL ASKING PRICE WITH ADDITIONAL HOME : $1,400,000