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Address available on request Stafford, QLD 4053

For Sale

Address available on request Stafford, QLD 4053

Hotel & Leisure
Sale Price

$1,544,743

Under Contract

Floor area

1.0m²

Business Only With $193k Body Corp Salary and Huge Upside! | Resort Brokers ID : MRB005555

  • Large Business only management rights
  • Extremely strong historic occupancy
  • Long term agreements
Large scale business only management rights with NO real estate to buy. 156 lots in the complex and just 47 in the letting pool = the majority of the income comes from the agreements..

- Generous Body Corp salary comprising a high percentage of the overall income
- Strong agreements on all business in the portfolio
- Outstanding near city location on the inner north – very strong letting catchment
- Extra income to be attained through maintenance work
- Upside through clawing back units from outside agents
- Large salary and could easily be run by 2 person management team
- Unbeaten location close to surrounding amenities
- Rare opportunity to secure a business only management rights of this size in this part of North Brisbane


NB: Property inspections are by appointment only

Additional information

Virtual tours

Property ID: 503021590Last Updated: 20 May 2019

Address available on request
Stafford, QLD 4053

Agency contacts

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Email enquiry

Send to:

Brent Staker
Resort Brokers Australia - South Brisbane
Address available on request Stafford, QLD 4053

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

Kind Regards,

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  • Brent Staker

    Resort Brokers Australia - South Brisbane
    0410 *** ***
  • Gareth Closter

    Resort Brokers Australia - South Brisbane
    0423 *** ***