THE PERFECT PERMANENT MR - $330K NOP

A real box ticker - modern, high quality, permanent residential complex in prime city fringe location. Lengthy agreements, strong BC salary, good upside potential and a cracking manager's apartment. This one won't last long!

  • 100 unit permanent complex, 60 in letting pool
  • Good BC salary of $176,000 (3% annual increase)
  • Clean P&L, almost all income from core business
  • Lengthy agreements - 22 years
  • Modern, well-presented manager's unit
  • No set office hours + very managable caretaking duties
  • Great location in inner North suburb of Nundah
  • Additional income through onsite apartment sales
  • Good scope for upside through additional income streams
  • Property inspections are by appointment only
Listing Ref MR006858
Property Type Management Rights
Sale Type Management Rights - All
State QLD
Region Brisbane
Suburb Nundah
Net Profit $330,006
Price $2,560,000
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Alex Cook

Interested? Why not give Alex Cook a call on 0467 600 610 or

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