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Teneriffe QLD 4005

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, $1,236,000 (GST na)

Business For Sale - Great Opportunity in Teneriffe - 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: $110,000
    Asking Price: $1,236,000
    (Inclusive of manager's real estate)

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

    Lyn Pearsall 0425 168 244

    Property Highlights

    Property ID2015216546
    Floor Area1 m²
    Land Area1 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  4 Jun 2020
    Map for Teneriffe QLD 4005
    Map for Teneriffe QLD 4005Teneriffe QLD 4005
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    • Purchase price

      $
      1,236,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

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