Nextrealty.com.au

Address Not Disclosed

Permanent GEM and Great Low-set Residence in Bayside Brisbane

Reference : AFMIDNDA

Address Not Disclosed

MLR Business Asking for $643,000 on

  • Non A/C Airconditioned Room(s)
4.2 Times MR + Large Villa MU @ $1.563mil ONO

Address Not Disclosed

MLR Business Asking for $643,000 on

  • Non A/C Airconditioned Room(s)

Permanent GEM and Great Low-set Residence in Bayside Brisbane

Property Summary

Reference : AFMIDNDA Type : Unit
Car park : (Not Available) Bedroom : (Not Available)
Bathrooms : (Not Available) Price :
4.2 Times MR + Large Villa MU @ $1.563mil ONO

Address Not Disclosed

MLR Business Asking for $643,000 on ...

  • Non A/C Airconditioned Room(s)
m2/acres : (Not Available) Land Size : (Not Available)

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For more details and viewing please call Nextrealty.com.au on Display phone number

MLR Business Asking for $643,000 on Net Income $165,000
Manager Residence is a large low-set villa at $920,000 as per Latest Valuation by Industry Valuer in March 2025

- Centrally located in the Leafy suburb of Wakerley, Brisbane Bayside
- Solid Permanent MR with Net Income $165,039
- Great manager remuneration $88,119 with annual adjustment of CPI or 5% every March
- Well- presented complex provides the perfect environment to relax in
- Very well run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 23 years left on a 25 years accommodation module
- Small letting pool to give you an undisturbed lifestyle
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence
Large lowset residence, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, double garage with additional driveaway parking and a large rear patio and entertaining backyard area
- Well-presented on-title detached office
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle

If you want to buy a great management right business and beautiful lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.

If you have any enquiries please contact Nextrealty.com.au direct on Display phone number

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