Nundah QLD 4012

Hotel, Motel, Pub & Leisure
Sold

THE PERFECT PERMANENT MR - $330K NOP | Resort Brokers ID : MR006858

A real box ticker - modern, high quality, permanent residential complex in prime city fringe location. Lengthy agreements, strong BC salary, good upside potential and a cracking manager's apartment. This one won't last long!

- 100 unit permanent complex, 60 in letting pool
- Good BC salary of $176,000 (3% annual increase)
- Clean P&L, almost all income from core business
- Lengthy agreements - 22 years
- Modern, well-presented manager's unit
- No set office hours + very managable caretaking duties
- Great location in inner North suburb of Nundah
- Additional income through onsite apartment sales
- Good scope for upside through additional income streams
- Property inspections are by appointment only

ResortBrokers®

362 Montague Rd

West End, QLD 4101

Property Highlights

Date Sold	10 Dec 2021
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2018512446
Category	Hotel, Motel, Pub & Leisure
Last updated

Map for Nundah QLD 4012

The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.

ResortBrokers®

362 Montague Rd

West End, QLD 4101

Property Highlights

Date Sold	10 Dec 2021
Floor Area	Ask Agent
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2018512446
Category	Hotel, Motel, Pub & Leisure
Last updated

Listed by

Alex Cook

ResortBrokers®

Call

0467600610

More about Nundah QLD 4012

Nundah QLD 4012 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2018512446.