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Hotel/Leisure For Sale or For Lease found in LOGAN (METROPOLITAN), QLD

HIGH YIELD OPPORTUNITY – NATIONAL TENANT...

Offices | Retail | Hotel/Leisure

• Corner CBD position close to state government office building and NAB
• Ground level tenanted by Sarina Russo with over 95 sites nationally
• Sarina Russo Group 5 year lease from 1st July 2015 with options until 2025
• Solid three storey building comprising 673m2 of lettable area plus a concrete rooftop area of 150m2 approx
• Ipswich City – just 40km west of Brisbane with population estimated to be 462,000 in 2031
• Estimated Net Income of $135,516.80pa + GST (fully Leased)

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Price: EOI Offers Above $1,275,000 closing 27 April @ 5pm    Building: 673m²    Land: 402m²    Occupancy: Vacant

5 YEAR OLD MANAGEMENT RIGHTS, SOUTHSIDE

Hotel/Leisure

New listing with RAASRights this Philip Usher built 5 year old complex comprises of 60 townhouses with 54 in the Managers rental pool. 20 of the units are rented under the NRAS scheme. The Vendor has direct control of the NRAS properties by having signed Agreements with the individual owners.
The Body Corporate owns the equipment used in the caretaking of the complex.
This is an ideal business in a quiet location with a reasonable workload easily handled by a 2 person team and still have time for outside interests.
The Vendors have set the business up to run like clock-work and are looking to retire after several years in the industry. A five year top of the Agreements was granted last year extending the term until 2041. Excellent security over your business.
Net income has been provided by Industry Accountant.
If this house and business is what you are looking for an early inspection is recommended.
For more information on this complex please call your RAASRights Broker or Jim Prentice 0412 984 684 or E. jimp@raas.com.au
Walking distance to bus stop.
Close to Browns Plains shopping Plaza and local commercial hub.
Medium-load caretaking duties.
Low maintenance asphalt roadways.
Grassed playing areas for children.

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Price: $1,260,000    Building: 5m²    Occupancy: Vacant

BRAND SPANKING NEW AT BETHANIA

Hotel/Leisure

Work has started on this 95 townhouse, 5 stage project with completion due mid 2018
As of 15th June 33 units are under contract to investors. . The projected net income of $200k is based on 80% of the units being in the Managers rental pool at completion and any intending Purchasers should satisfy themselves with this figure. The Developer expects there will be more. A claw-back/claw-forward clause can be entered into in the contract process to safe-guard both Vendor and Purchaser. GST will be paid by the Purchaser on the business component only. The Developer has an expectation of offers from $1,3M including the Manager's house and office. What an opportunity to get in on the ground floor, so to speak, and build up your own sound business.
A copy of the Disclosure Statement and any other information required is available by contacting Jim Prentice 0412 984 684, E jimp@raas.com.au or your RAASRights Broker.
NOTE: Photograph as displayed is indicative only.
This is an off the plan and as such the business is subject to GST.
It is also a staged development with a claw back and claw forward agreed to by the Developer. It is estimated 80% of the units will be in a Manager's rental pool but the Developer expects a greater amount.

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Price: Offers from 1300000    Building: 5m²    Occupancy: Vacant

BRAND NEW COMPLEX AT MARSDEN

Hotel/Leisure

This complex is currently under construction as a 3 stage project. The stage 1 is due for completion mid 2017 with other stages to follow shortly thereafter.
The complex consists of 49 townhouses including the managers residence of 3 bedrooms with double garage and office.
The Vendor requires offers based on the following criteria...
Business 48 units at $10,718+GST per unit.
Managers residence $364 900 for a total asking price of $879,400. A projected net income based on 48 units in the manager's rental pool at completion indicates a figure of $139,000. This would need to be verified by any Purchaser's accountant.
Be the first to own this complex and enjoy the rewards from your own business.
For more information on this opportunity please call Jim Prentice on 0412 984 684 or E jimp@raas.com.au
Note. Photo as shown is indicative only and does not necessarily represent the advertised complex.
Brand new complex.
30 minutes to CBD, 50 minutes to Gold Coast.
Close to shopping centres, medical facilities, schools, public transport.

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Price: $879,400    Building: 5m²    Occupancy: Vacant


POTENTIAL INDUSTRIAL DEVELOPMENT

Hotel/Leisure | Industrial | Development/Land

Next To Existing Industrial Estate
Highway Frontage
Close to Town Centre
Future Development Potential
Owners have letter indicating a positive response to development proposal.
(would be Subject to Council Approvals)
Holding Income in Place
Services Available to Block

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Price: Next to Industrial Estate    Building: 1m²    Land: 55900m²    Occupancy: Vacant

SELLER SAYS PRESENT ALL SERRIOUS OFFERS

Hotel/Leisure

Buy now at today's market price before stage 2 is completed. All the relevant info on the final stage will be made available to the right buyer.
Vendors want this business and property SOLD! A combination of two modern and stylish complexes located on the boundary of the Greg Norman designed Brookwater Golf Course, about 30 minutes by road south of Brisbane's CBD.
Brookwater Grange and Brookwater Gallery are housing Estates comprising of 42 established residences, 6 of which are rented out by the resident Manager. There is a further 25 being built and at this stage almost half have been purchased by overseas investors, this will increase the letting pool and future income for this complex.
This is life-style at its best in one of Brisbane's rapidly expanding localities. A very modern designed Managers 3 bedroom, 2 bathroom double lock up garage stand alone house with office will surprise most buyers.
Unit $630,000
Business $262,500.
Total asking price $892,500.00,000.
Net Income $70,019.00 with more to come.
Contact Mike Mallory for further information on 0409 494 098 or mikem@raas.com.au for your personal tour of this complex.
Gated community.
Adjoins golf course.
Easily run by one person
Small rent roll with future building development giving the Manager room to expand the business.

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Price: $892,500    Building: 5m²    Occupancy: Vacant

THREE LEVELS FLEXIBLE USES

Showrooms | Hotel/Leisure | Offices

This property is located in the heart of Ipswich City. It is within a short walk to the central rail station and the soon to be reinvigorated city mall. The property would be suitable for variety of users (STCA) including but not limited to:
* Pub / Restaurant operators ( note no poker machines )
* Gym or recreation activities
* Retail / Bulky goods
* Professional offices
The building is over three levels and consists of:
* Main first floor street level area approx. 400sqm open plan
* Fully operational commercial kitchen with coldrooms
* Ground floor is suitable for storage and car parking .
* Upper level consists of two separate offices and a fully self contained 3 bedroom managers flat which can also be used as additional offices.
Completely flood free in 2011 this offering has unlimited and flexible potential at a super competitive price.
Outgoings: Paid by Tenant
Car Parking: 12 onsite plus 5 car Garage
Please Quote Property ID: 13075173

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Rent: EOI    Building: 1160m²    Land: 1081m²

TWO COMPLEXES TO PURCHASE TOGETHER

Hotel/Leisure

The office is on Common Property and is exclusive use to the Caretaker. There is a Garden Shed with all garden equipment required purchased by the Body Corporate.
Second complex has managers nice 3 bed 2.5 bath 2 car home with office as well if required. Current manager has this home rented out and the person renting it also seconds as their after hours representative.
Please contact Robert Collins Exclusive Agent on
0404678792 or robertc@raas.com.au
Easy care complex with limited gardening. Close to rail and bus for commuters. Normal letting pool charges apply to 20 t/houses. NRAS 13% management only applies.Balance is normal rentals.
This complex has been running for 5 years exceptionally well with the NRAS component. Second complex is a normal complex with managers home . The complexes are less than 5 minutes drive. They are sold as one unit. Because the NRAS is the good one valuers are happy to accept all at normal rate
1 P&L = $70,737
2 P&L = $124,691
TOTAL = $195,248
This will be sold at less than a 4.8 multiplier

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Price: $1,300,000    Building: 5m²    Occupancy: Vacant

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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