Management Rights: Permanent

Teneriffe, QLD : $820,000

Last update: 07 May 2025.
ThePropertyManager ID 21142867
REF:
Financial Data
Listing Status sold
Price $820,000
Net Income (explanation) $ 152,163 (actual)
Remuneration (explanation) $ 97,815
Complex Specifics
Location (Read Suburb Profile) Teneriffe QLD, 4005
Complex Features
Manager`s Realestate
Manager`s Bedrooms  
Manager`s Unit Features
  • NO manager unit to be purchased with the business;
  • Office Hours No Set office hour
    Pets Allowed? 1
    Manager's Realestate Value $  
    Letting Rights
    Agreement Term 25 years
    Agreement Remaining 22 years
    Units in Letting Pool 22
    Outside Agents 15
    Owner Occupiers 29

    Business only! Prime Location!

    Discover the charm and lifestyle of this beautifully restored heritage-listed building, just a 10-minute drive from the Brisbane CBD, this premiere inner-city location offers unbeatable convenience and with a bus stop only 1 minute away and the Teneriffe Ferry Terminal only 5 minutes walk from your doorstep, tenant demand is exceptionally high. Walk to the Brisbane CBD, Brisbane River, exclusive shopping, coffee shops and fine-dining.

    Key Highlights:
    -Strong remuneration makes up nearly 65% of the income and
    -Excellent return on investment.
    -No requirement to purchase a manager's unit or live onsite.
    -No set office hours
    -Minimal garden maintenance and no pool or BBQ facilities to manage.
    -Easily operated by one or two people.

    This is the first time in a decade that this opportunity has come to market and you won't want to miss out on this excellent business-only opportunity!

    Contact exclusive agent for more details and book your inspection.

    REF:


    Call Celine Tseng on: 0423 566 566
    office: 0423 566 566


    Email Celine Tseng

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