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EXCLUSIVE TO CRE BROKERS. A secure and guaranteed Caretaking income provides 80% of the income for this business opportunity.
Located in a leafy high position only 2.3 km from Capalaba Park Shopping Centre, the purchase of this Management Rights Business does not require the purchase of a residence. There is a requirement to reside on-site. The Greentrees Village Community provides and owns the Manager's residence which is conveniently above the exclusive use Manager's Office facility.
There is urgency for this business to sell with the current manager of sixteen years needing to attend to significant health issues.
TOTAL NUMBER OF UNITS : 64
UNITS IN LETTING POOL : 11
MANAGER'S RESIDENCE : Rent this two Manager's Apartment for $260/week. The community owned Managers' residence is: a two bedrooms; one bathroom; one carport and additional driveway car parking space. All utilities (water and electricity) are paid by the Greentrees Village Community.
NET PROFIT : $93,099.00
REAL ESTATE PRICE : $No Real Estate to Purchase
BUSINESS PRICE : $380,000.00
TOTAL ASKING PRICE : $380,000.00