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UNDER OFFER – Prestigious Management and Letting Rights in the heart of riverside Teneriffe – 1P4341MR

Management Rights $2,231,494
Address available on request
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17
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A combined business opportunity at Teneriffe in the heart of the Brisbane’s most prestigious city residential and recreational precinct. The business is composed of two contiguous MLR businesses plus one small non-MLR caretaking.

Work life balance is achievable. This home/business provides you with the best restaurants; a ferry ride to the Brisbane Jazz Club; the nearby arts and cultural hub, the renowned Brisbane Powerhouse; and most importantly no travel time to work.

TOTAL NUMBER OF UNITS : 98
UNITS IN LETTING POOL : 50 + 3 Boutique external rentals

MANAGERS RESIDENCE : A beautifully appointed two bedroom, two bathroom home with a large separate office. With a generous relaxing patio overlooking the front garden and tandem two car parking this home/office package has all needs catered to.

NET PROFIT : $299,536

REAL ESTATE PRICE : $690,000
BUSINESS PRICE : $1,541,494
TOTAL ASKING PRICE : $2,231,494

Address available on request
Price: Management Rights $2,231,494

Peter Sagner

Business Broker - Brisbane & SE Queensland
07 5371 0165
0401 814 404
peter@crebrokers.com

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