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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  1 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  1 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

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