FOR SALE
$895,000

Contact Agent For Address
Teneriffe QLD 4005

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CARETAKING ONLY. NO REAL ESTATE. BRISBANE RIVERFRONT LUXURY

This caretaking only Management Rights business in one of Brisbane's premier residential developments. Now offered for sale by the original managers for the first time in 15 years. This high quality superbly presented complex occupies a prime riverfront location, unaffected by recent floods.
The sellers enjoy an excellent relationship with a proactive and positive Body Corporate committee, working closely together to maintain very high standards of maintenance, presentation, and amenity throughout.
The majority of the duties for the manager of this elite complex are supervisory and administrative with the Body Corp paying for gardening, pool work and consumables. The caretaking income is approx. $192,000 p.a.
This represents a genuine opportunity for an experienced Building Manager / Caretaker to take over a solid, straight forward and well-run business in exclusive surroundings. The current managers have excellent systems and manuals in place to ensure a smooth transition for the new owners.
There is no real estate to purchase and no requirement to live on site. Manager has Occupation Authority over on-site office and bathroom.
Contact me now for your Exclusive inspection of this terrific business opportunity.

Property Details for Contact Agent For Address, Teneriffe

Building Type
Commercial

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About Teneriffe 4005

The size of Teneriffe is approximately 0.9 square kilometres. It has 2 parks covering nearly 4.3% of total area. The population of Teneriffe in 2011 was 4,700 people. By 2016 the population was 5,344 showing a population growth of 13.7% in the area during that time. The predominant age group in Teneriffe is 30-39 years. Households in Teneriffe are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Teneriffe work in a professional occupation. In 2011, 41.6% of the homes in Teneriffe were owner-occupied compared with 42.3% in 2016.

Teneriffe has 3,811 properties.

    There are currently 34 properties listed for sale, and 34 properties listed for rent in Teneriffe on OnTheHouse. According to CoreLogic's data, 237 properties were sold in the past 12 months in Teneriffe.

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