Brassall Retirement Village. very low multiplier
1 Wellington Street, Brassall QLD 4305
$2,320,000
BusinessSize: n/a
Block size: 104 m² approx.
Retirement Village Opportunity: Situated on a 25-year agreement with 9 years remaining, this retirement village presents a unique opportunity for a new manager.
Top-Up Possibility: The new manager will have the opportunity to obtain a top-up agreement.
Additional Units Available: The current owner owns 8 units not included in the unit count or the Profit and Loss statement. These units are available for sale at market price or for rent until sold.
Diverse Revenue Streams: Revenue sources include NSID, Catering, Body Corporate (BC) Salary, and rental income.
Comprehensive Expense Coverage: All expenses, including wages, are included.
Flexibility in Residence: It is not mandatory to live on-site, and units can be rented out.
Facilities Included: The property features a kitchen, dining room, 2-bed 2-bath unit, office, and all necessary equipment for kitchen operation, cleaning, and gardening.
Long-Term Ownership: The current owner, with 15 years of ownership, is selling due to commitments elsewhere.
For further inquiries, please contact Robert Collins, Exclusive Agent, at 0404 678 792 or via email at robertc@raas.com.au.
Top-Up Possibility: The new manager will have the opportunity to obtain a top-up agreement.
Additional Units Available: The current owner owns 8 units not included in the unit count or the Profit and Loss statement. These units are available for sale at market price or for rent until sold.
Diverse Revenue Streams: Revenue sources include NSID, Catering, Body Corporate (BC) Salary, and rental income.
Comprehensive Expense Coverage: All expenses, including wages, are included.
Flexibility in Residence: It is not mandatory to live on-site, and units can be rented out.
Facilities Included: The property features a kitchen, dining room, 2-bed 2-bath unit, office, and all necessary equipment for kitchen operation, cleaning, and gardening.
Long-Term Ownership: The current owner, with 15 years of ownership, is selling due to commitments elsewhere.
For further inquiries, please contact Robert Collins, Exclusive Agent, at 0404 678 792 or via email at robertc@raas.com.au.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Robert Collins to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Business
Block Size:
104 m²*
Other Details
Lot:
24
Plan Type:
SP
Plan:
153245
Legal description:
24/SP153245
Maps and area information
Block information
Block size: 104m² (approx)
Legal description: 24/SP153245
Measurements are estimates only and based on data provided under licence from
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
02 Jul 2018
Sold
Harcourts Greater Springfield
Listed: 06/02/2017
Block size: 102m²
Transfer type: Full transfer
Brassall suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
36 years
Population
12,115
Listing ID: 182429381. This listing has been viewed 0 times. It was first displayed on 08/04/2024 and last updated on 08/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.