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This property is
offered for sale as a first time offering in
two options:
- Freehold
WIWO held in 2
titles inclusive of Business, Management
Rights, Furniture and Fittings, Stock.
Offering at $2,650,000
as a going concern. $410,121 nett income 2010 FY,
forecast $425,000 for 2011FY. Return on
investment of 16.04%
- Leasehold
business only WIWO inclusive of Business, Management
Rights, Furniture and Fittings, Stock.
Offering at $595,000 as a going
concern. $233,932 nett income forecast for 2011 FY,
based upon a lease payment of $191,250.
Return on investment of 39.50%.
Six Luxury Apartments
accomodating up to 37 people with Reception and small managers residence
in prominent position with signage fronting
main road, comprising:
• One 2 bedroom
Apartment
• Three 3 bedroom
Apartments
• Two 4 bedroom
Apartments
Olive Grove Estate is the
highest AAA rated property in the Southern
Downs Region. Luxury 4.5 stars with
full green rating being 6 star energy
efficient. Channel 7 presenters from
Queensland Weekender recently said Olive
Grove Estate is "Stanthorpe
hospitality at its best!"
Why not buy the property
and enjoy a lifestyle change that you have
been talking about? All the hard work has
been done for you and all you need to do is
move in and reap the benefits. Contact the
owner for more information at
owner@olivegroveestate.com.au
Alternatively you may
contact one of the below brokers/agents:
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