Address available on request,
Cleveland, QLD 4163

Hotel, Motel & Leisure

Price information

Sold

Range: $565,000 - $665,000

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UNDER CONTRACT - Live Off Site - 1P4327MR

EXCLUSIVE TO CRE BROKERS

This complex is easily run by one person, the agreement has just been changed so that you do not have to live on site.

Moreton Bay is at your front door for you to enjoy all that it offers, such as Stradbroke Island, Moreton Island plus you are only a short stroll to Cleveland CBD and the Cleveland Harbour.

Management Rights Net Profit $64,750
Managers Unit $345,500
M.R Business $269,500
Total Price $615,000

• Live Off Site
• Close to all amenities
• Easily run by one person
• Plenty of opportunity to increase the business
• Rent out the managers unit between $390 and $400 per week which would add at least another $18,720 to the bottom line.

Property ID: 503039146Last Updated: 15 Jul 2019

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