Complex 1 is at Kelvin Grove and has a unit valued at $500,000

Net Profit: $860,130
Body Corporate Salary: $274,312 Total Price: $3,334,723
Est. Year Built: 2006

Total Units in Complex: 213
Apartment – Single level first floor unit comprising: Entry, lounge- dining room, two bedrooms, main bathroom & ensuite laundry (cupboard) and two balconies

Complex 2 – This is a Management Right close to the city in a most desirable area in Kangaroo Point. It has mostly corporate with a few permanent. The Managers unit has to be seen to be believed. Income is verified by industry leading experts.

Please be advised that the office which is on title is valued at $50,000 and must be added to the total value of the and home.

The Managers unit has to be seen to be believed. a magnificent 3 bedroom apartment, 2.5 bathroom , cutting edge design, 3 balconies, 2 car accommodation.

Unit $825,000 Office $50,000

Total real estate $875,000
Income $362,858
Business $1,886,864
Total including Office $2,761,864
Est. Year Built: 2006 Total Units in Complex: 78

Income consists of two complexes at $497,272 and $362,858

TOTAL 860,130
Both complexes must be purchased as one lot. The multipliers are 5.6 and 5.2 respectfully.
This has also been valued by a MR specialist valuer TOTAL asking price is $6,096,587

Please contact Robert Collins Exclusive Agent on 0404 678 792 or robertc@raas.com.au.

This complex is right in the heart of Kelvin Grove and as such is close to everything. Nothing else needs to be said.