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Address available on request Hemmant, QLD 4174

For Sale

Address available on request
Hemmant, QLD 4174

Hotel & Leisure
Sale Price

$1,008,000

Floor area

1.0m²

Management Rights located in the heart of Hemmant's residential precinct and only eleven kilometres east of the Brisbane CBD - 1P4390MR

EXCLUSIVE TO CRE BROKERS.

Just think, only 11 km east of the CBD and mere minutes to the Bay.
Live comfortably in and work from the three bedroom Manager's Townhouse, plus office and two car spaces. Highly attractive "rock solid" security from salary contract growing at 5% until 2041. Additional income from mowing the Council frontage and overseeing the gates is not included in the Net Profit.

This is an established quiet and well maintained complex, with opportunity to grow the: rental pool; maintenance income and consequently the package income. The current manager is ready to retire and has always enjoyed a collaborative relationship with the Body Corporate.

TOTAL NUMBER OF UNITS : 82
UNITS IN LETTING POOL : 35

MANAGERS RESIDENCE : Three Bedroom Townhouse
NET PROFIT : $154,756
REAL ESTATE PRICE : $320,000
BUSINESS PRICE : $688,000

TOTAL ASKING PRICE $1,008,000

Property ID: 503079082Last Updated: 17 Sep 2019

0401 *** ***
Address available on request
Hemmant, QLD 4174

Agency contacts

CRE Brokers - Australia

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CRE Brokers - Australia

Unit 4, 10 Lakewood Boulevard
CARRUM DOWNS, VIC 3201
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Peter Sagner
CRE Brokers - Australia
Address available on request Hemmant, QLD 4174

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

Kind Regards,

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