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Condon QLD 4815

Condon QLD 4815

  • Hotel, Motel, Pub & Leisure
  • For Sale, $820,000

Secure 25-Year Agreement - Solid BC Salary | Resort Brokers ID : MR008253

    ResortBrokers presents an exceptional opportunity to acquire a rock-solid, permanent management rights business in the thriving Townsville market.

    With a recently topped-up agreement to 25 years, this management rights provides strong income potential and long-term security. The modern complex features 70 well-appointed apartments, strategically located near key amenities to drive high rental demand and sustained growth.

    What sets this opportunity apart is the substantial income generated from the body corporate salary, which accounts for over 50% of the net profit, ensuring a reliable revenue stream. Additionally, the easy-to-manage, three-storey structurewithout the need for lift maintenancefurther enhances the efficiency of operations.

    The manager's residence is neatly appointed, while the complex itself offers great facilities, including a resort-style pool and barbecue areaboosting tenant appeal and ensuring consistently high rental returns.

    Opportunities like this are raresecure a high-performing, permanent investment in a booming rental market with strong returns, ease of management, and long-term financial stability.

    - Recently topped-up 25-year agreement term ensuring long-term stability
    - Significant upside potential through the conversion of externally managed units
    - Substantial body corporate salary, contributing over 50% of net profit
    - Low-maintenance, three-storey design with no costly lift upkeep
    - Secure gated entry system, enhancing tenant appeal 
    - Prime location near transport links, sports facilities, retail and dining precincts
    - Profitable, well-established business with flexible work conditions and strong income potential 
    - High-demand rental market, ideally positioned in a sough-after southern suburb
    - Private inspections by appointment only

    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019240622
    Category
    Last updated  2 Apr 2025
    Map for Condon QLD 4815
    nbn® Fibre to the Node (FTTN) is available in this property
    Max wholesale speed tier available: nbn® Fibre to the Node
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019240622
    Category
    Last updated  2 Apr 2025

    Co-Agents

    More about Condon QLD 4815

    Condon QLD 4815 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2019240622.

    More Hotel, Motel, Pub & Leisure properties for Sale in Condon QLD 4815

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