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Teneriffe QLD 4005

  • Hotel / Leisure
  • Floor Size1 m²
  • PriceFor Sale, $1,274,000

Business For Sale - Under a 5 Times Multiple - ID 8937 H

- Brisbane Management Rights For Sale
- Great Committee and Great Flexibility
- Located right in the heart of Teneriffe
- Walk to the river for that morning stroll and/or a coffee at one of the many cafes in the area
- This is a simple one/two person role
- Low rise complex of 44 apartments in total
- Very healthy balance sheet - sinking fund
- Excellent Committee
- A good add on for an existing business or run as is
- Good potential for upside with 8 outside managed units
- Body Corporate owned equipment
- If you're looking to kick it down a gear, but still earn a decent income, then this could be the one! No office hours. Good solid rents due to the great location. Body Corporate owned and maintained equipment.

Net Profit: $105,000
Asking Price: $1,274,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Brisbane management rights business opportunity contact:

Listing Broker
Greg Jorgensen

Property Highlights

Property ID2015216546
Floor Area1 m²
Land Area1 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  20 May 2019
Map for Teneriffe QLD 4005
MRSales
Suite 1 Ground Floor, Equinox Sun Resort 3458 Main Beach Parade Surfers Paradise QLD 4217

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