KANGAROO POINT QLD 4169
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- 29 Nov 2016
Great Corporate Management Rights
Complex 1 - This is a Management Rights close to the city in a most desirable area in Kangaroo Point. It has mostly corporate with a few permanent. The Managers unit has to be seen to be believed. Income is verified by industry leading experts.
Please be advised that the office which is on title is valued at $50,000 and must be added to the total value of the and home.
The Managers unit has to be seen to be believed. a magnificent 3 bedroom apartment, 2.5 bathroom , cutting edge design, 3 balconies, 2 car accommodation.
Unit $825,000 Office $50,000 Total real estate $875,000
Total including Office $2,761,864
Est. Year Built: 2006
Total Units in Complex: 78
Complex 2 is at Kelvin Grove and has a unit valued at $500,000
Net Profit: $860,130
Body Corporate Salary: $274,312
Total Price: $3,334,723
Est. Year Built: 2006
Total Units in Complex: 213
Apartment - Single level first floor unit comprising: Entry, lounge- dining room, two bedrooms, main bathroom & ensuite laundry (cupboard) and two balconies.
Income consists of two complexes at $497,272 and $362,858 TOTAL 860,130
Both complexes must be purchased as one lot. The multipliers are 5.6 and 5.2 respectfully.
This has also been valued by a MR specialist valuer TOTAL asking price is $6,096,587
Please contact Robert Collins Exclusive Agent on 0404 678 792 or firstname.lastname@example.org.
This is a corporate and permanent complex close to the city in a most desirable area. It is priced to sell and has the P&L professionally prepared by leading Management Rights experts. It will pass all inspections. Couple this with a beautiful Managers Unit makes it an extremely sought after complex. Office is on title and valued at $50,000.00 which must be added on to the value of the total business
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information