p: 617 3368 4010 e: reception@absbrisbane.com a: Level 1 Unit 3 25 Railway Terrace, Milton, Qld Australia 4064

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A Great Life Style Business for Sale – Income & Freehold Opportunity - Ref: 2910

SOLD

  • ID Ref 2910
  • Suburb Brisbane
  • State QLD
  • Status Sold

Business Description

Property Management business with Income and Freehold.

Located in North Western Brisbane in a great setting.

The business manages a centre which currently has 12 professional and retail shops with the opportunity to rent up to another 5 spaces.

Current annual income is $244 000, but could be increased to approx. $270 000 per year.

Close to Nine Acres of Freehold included and which is also assigned as a future Local Neighborhood Hub by the Local Council. This will give the new owner the opportunity to develop further.

Freehold also split into 2 lots which could be sold/developed separately.

Currently has approval for a conference/function center to be developed.

The new owner has the choice to develop now or wait and develop later.

One rental space has approval to manufacture Craft Beers.

Part-time position to manage properties which makes for a great lifestyle and a great opportunity for future potential to increase in value.

The owners are willing to talk with serious Buyers about options, including partnerships or partial vendor finance.

Price for Sale: $4,200,000

Broker: Andrew Dickson 0448 082 663/andrew@absbrisbane.com
Head Office: 07 3368 4010/reception@absbrisbane.com

Business Features / Snapshot

Price: SOLDTrial: no

Managers Unit

    Financial Snapshot

      Complex Information

      • Total Letting Pool: 1

      Your Business Broker

      • Andrew Dickson

      • Phone: 07 3368 4010
      • Mobile: 0448 082 663

      Business Location

      Brisbane, Queensland 4001