Hillcrest, QLD 4118

Hotel/Leisure

For Sale $1,160,000

  • Property ID: 275051
  • Floor Area: 5m²
  • Occupancy: Vacant
URGENT SALE. JUST MAKE AN OFFER.

Excellent Philip Usher built 6-year-old complex comprising of 60 townhouses with 52 in the Managers rental pool.
The Vendors are keen to consider all reasonable offers on this business and home.
The Body Corporate owns the equipment, including a ride-on mower, used in the caretaking of the complex.
This is an ideal business in a quiet location with a reasonable workload easily handled by a 1.5 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.
The net income has been provided by an Industry Accountant.
If this house and business are what you are looking for an early inspection is recommended.
For more information on this complex please call your RAAS Property Group Broker Haydn Meyer 0411 441 727 or haydnm@raas.com.au

Hillcrest Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $400 ---
Offices --- $108 ---
Industrial $1250 $143 11.47%
This is the average advertised price, rent and yield for Hillcrest, QLD 4118*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

RAAS Gold Coast

4/116 Compton Road, Underwood, QLD 4119

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Property Detail Notes:

  • Disclaimer - We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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