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



This gated complex is situated in a much sought after area, close Cleveland CBD and all that Moreton Bay has to offer, for a lifestyle that many will envy.
The managers 3 bedroom, 2 bathroom unit will surprise with its vaulted ceilings and open plan living. Making this Management Rights Business stand out from the rest in this price category.
Unit Price $359,000.00
Management Rights $340,000.00
Total Purchase $699,000.00
Net Income $71,330.00 as confirmed by Industry accountants.
For further information on this outstand complex please contact Mike Mallory 0409 494 098 or email
Pets with BC approval.This is an unusual complex. Currently run as a permanent but is approved for holiday (3 day min)for 14 of the current rentals. This would greatly increase the income if it was instigated.Income validated by Management Rights Accountant

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Price: $699,000    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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