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Victoria Point QLD 4165
Sold on 3 Sep 2018

Victoria Point QLD 4165

  • Hotel, Motel, Pub & Leisure
  • Sold

Permanent MR In Bayside - $240K Income For $1.1M Purchase Price | Resort Brokers ID : MR005255

Great opportunity to maximise your earning potential by becoming the new working managers for a long-established and successful partnership, located in the sleepy Bayside suburb of Victoria Point.

- Gated permanent complex comprising 150 townhouses, 72 in letting pool
- Located in the quiet and peaceful Brisbane bayside suburb of Victoria Point
- Opportunity to become managing partner of long-established partnership (37% share)
- Good sized, well presented 3 bed / 2.5 bath manager's residence with ample storage and parking
- Income underpinned by a very strong BC salary, easy to manage complex
- By earning salary and profit share, partnerships are a great way a maximising income
- Circa 22% return on total investment, based on current performance
- Lengthy tenure to agreement (22 years), good committee, friendly partnership
- Call Alex Cook on 0467 600 610 or Brent Staker on 0410 344 344

NB: Property inspections are by appointment only

Property Highlights

Date Sold3 Sep 2018
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018512376
Category
Last updated  4 May 2023
Map for Victoria Point QLD 4165

Property Highlights

Date Sold3 Sep 2018
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018512376
Category
Last updated  4 May 2023
362 Montague Rd West End QLD 4101