Business For Sale - New Build Townhouse Complex - ID 8804 BL
Brisbane Management Rights For Sale.
54 x 3 Bedroom Townhouses.
No requirement to purchase any real estate.
No requirement to live onsite.
Will be brand new 25 year agreements under Accommodation Module.
$62,000 Body Corporate annual salary.
Expected rents at $495 per week.
No pool and virtually no facilities. There are gardens.
Exclusive Use office.
No office hours.
This could suit a single person or a couple on a part time basis.
The first stage of 24 townhouses will be completed in September, with the balance completed in December or January.
Rare as rare and an excellent bolt-on. This one does really tick all the boxes!
Settle both stages this year or one this year and the second in January 2018.
Net Profit: $159,222 (Projection)
Asking Price: $700,000.