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Address available on request Algester, QLD 4115

Address available on request,
Algester, QLD 4115

Hotel & Leisure

Price information

Sale

Management Rights EOI over $1,395,000

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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

Property ID: 503367986Last Updated: 4 Feb 2020

0412 *** ***
Address available on request
Algester, QLD 4115

Agency contacts

CRE Brokers - Australia
CRE Brokers - Australia
Unit 4, 10 Lakewood Boulevard
CARRUM DOWNS, VIC 3201
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Jim Prentice - Broker Brisbane & SE Qld
CRE Brokers - Australia
Address available on request Algester, QLD 4115

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Jim Prentice - Broker Brisbane & SE Qld

    CRE Brokers - Australia
    0412 *** ***