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Accommodation & Tourism business for sale in Algester

  • Accommodation & Tourism
  • Algester QLD 4115
  • SOLD - Price Withheld

Under Contract - Established Managements Rights For Sale In Algester By Expressions Of Interest - 1p4298mr

Marketed exclusively by CRE Brokers, this well-presented permanent, recently re-painted Management Rights complex is looking for a new manager who wants a good income and a very nice modern-style 4 bedroom, free-standing home.

Currently over 60% of the units are in the rental pool and the location makes renting relatively easy. The complex was repainted and gardens re-mulched during 2017/18.

Financial figures showing a net income of $192,000 are available upon application. Step right up and book your inspection now. BE QUICK, NOT SORRY.

TOTAL NUMBER OF UNITS: 68
UNITS IN LETTING POOL: 44

MANAGER'S RESIDENCE: Free-standing 4 bedroom, 3 bathroom townhouse with double garage and office attached. Outdoor covered patio and large private backyard.

NET PROFIT : $192,000
REAL ESTATE PRICE : $525,000
TOTAL ASKING PRICE : EOI over $1,395,000

Business Highlights

Business ID2014791676
Floor AreaAsk Business Broker
Category
Last updated  21 Feb 2020
Map for Algester QLD 4115
Map for Algester QLD 4115Algester QLD 4115

Business Highlights

Business ID2014791676
Floor AreaAsk Business Broker
Category
Last updated  21 Feb 2020
CRE Brokers
U4/10 Lakewood Boulevard Carrum Downs VIC 3201

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