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Condon QLD 4815

Condon QLD 4815

  • Hotel, Motel, Pub & Leisure
  • For Sale, $849,000

Well sought-after permanent management rights with high rental demand. | Resort Brokers ID : MR008253

    ResortBrokers presents a prime opportunity to acquire the management rights to Riverway Point, a modern apartment complex in Condon, Townsville.

    This investment offers a robust 18 percent ROI, secured by a 21-year agreement term. The complex, with 70 units, is strategically located near key amenities and offers the potential for substantial growth.

    The manager's unit is well-appointed, and the complex includes a pool and barbecue area.

    This is a profitable business in a high rental demand area, offering long-term stability and high-income potential.

    - Secured by an extensive 21-year agreement term.
    - Opportunity for substantial bottom-line growth through the conversion of externally managed units.
    - Strong 18% ROI, reinforced by a substantial body corporate salary.
    - Efficient three-storey structure with no lift maintenance required.
    - Enhanced security with a gated entry system.
    - Strategically positioned near key transport routes, sports facilities, retail outlets, and eateries.
    - Profitable management rights business in a prime location, offering long-term agreements, flexible work conditions, and high-income potential.
    - Situated in a desirable southern area with a high demand for rentals.
    - Inspections are 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  15 Dec 2024
    Map for Condon QLD 4815
    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  15 Dec 2024

    Listed by

    Des Fagg
    ResortBrokers®
    Call
    0427849119

    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

    For Sale$849,000
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