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Park Ridge, QLD 4125
Hotel, Motel & Leisure
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UNDER CONTRACT. Management/Letting Rights Complex in Park Ridge - close to Browns Plains Shopping and Commercial Hub - 1P5367MR
EXCLUSIVE TO CRE BROKERS. The complex was built in 2018 and has been set up to run like a Swiss clock by very experienced Managers.
38 townhouses in the letting pool with an additional duplex unit nearby. The landscaped grounds require minimal upkeep and office duties are usually on an as required basis. The quiet location and catchment area for tenants makes the complex popular and vacancies are normally filled quickly. Be quick to inspect.
MANAGER'S RESIDENCE : 4 bedroom, 2 bathroom free-standing townhouse with double garage and covered carport. The office is on title to the house.
TOTAL NUMBER OF UNITS : 40
UNITS IN LETTING POOL : 38 + 1 remote duplex
NET PROFIT : $125,000
REAL ESTATE PRICE : $495,000
BUSINESS PRICE : $581,250
TOTAL ASKING PRICE : $1,076,250
38 townhouses in the letting pool with an additional duplex unit nearby. The landscaped grounds require minimal upkeep and office duties are usually on an as required basis. The quiet location and catchment area for tenants makes the complex popular and vacancies are normally filled quickly. Be quick to inspect.
MANAGER'S RESIDENCE : 4 bedroom, 2 bathroom free-standing townhouse with double garage and covered carport. The office is on title to the house.
TOTAL NUMBER OF UNITS : 40
UNITS IN LETTING POOL : 38 + 1 remote duplex
NET PROFIT : $125,000
REAL ESTATE PRICE : $495,000
BUSINESS PRICE : $581,250
TOTAL ASKING PRICE : $1,076,250
Property ID: 503934262Last Updated: 9 Aug 2022
04129843...
Address available on request
Park Ridge, QLD 4125
CRE Brokers - AustraliaUnit 4, 10 Lakewood Boulevard
CARRUM DOWNS, VIC 3201
CARRUM DOWNS, VIC 3201
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