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

LIFESTYLE DECISION

Hotel/Leisure

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 mikem@raas.com.au
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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