Leasehold

   SOLD

Brisbane Bayside (7 yrs old) (ID: LH RED)

Area: Redcliffe Code: LH RED

Features

  • 18 Units over 2 levels
  • 2 bedroom manager's residence
  • Opened October 2008
  • 23 year lease
  • 4 Star (self rated)
  • No restaurant or evening meals
  • Hirum booking system
  • Well located opposite the hospital and close to amenities
  • Ideal for a couple plus casual cleaners
  • Good stable business
  • we have an experienced management couple available to manage the property

Turnover

  • 2013/14: $497,675
  • 2014/15: $486,920
  • 2015 Calendar Year: $508,578

Profit

  • 2013/14: $226,774
  • 2014/15: $210,719
  • 2015 Calendar Year: $221,800