Albany Creek, Queensland

Charming Management Rights Opportunity in Albany Creek

$225k MR & $740k Unit = Total $965k

Business Description

Charming Management Rights Opportunity in Albany Creek

Discover this beautiful, quiet complex offering an excellent investment opportunity. The manager's unit is a standalone 3-bedroom, 2-bathroom home with a 2-car garage, office, and garden shed. It features a spacious outdoor area for entertaining and is fully fenced for privacy.

Conveniently located within walking distance to a variety of restaurants, schools, and shops, this complex enjoys a friendly body corporate committee and offers a Body Corporate Salary of $86,407.92. The caretaking-only role comes with no set office hours, providing a flexible lifestyle.

- Nett Profit: $89,361
- Business Price: $225,000 @ 2.6x
- Unit Price: $740,000
- Total Price: $965,000
- Agreement Terms: 9 years remaining on Standard Module verry good BC

Situated in Albany Creek, a thriving suburb known for its family-friendly atmosphere, excellent schools, and abundant parks, this business benefits from a prime location with strong community ties and consistent demand.

Please contact Robert Collins at ---------- or email ---------- discuss further or arrange an inspection. You will not be disappointed.

**Ras 360 Property Solutions - Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: $225k MR & $740k Unit = Total $965k Net Profit: $89,361 Remuneration / Body Corp Salary: $89,361

Managers Unit

Value of Managers Apartment: $740,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 52Agreement Term: 10 yearsAgreement Term Remaining: 9 years

Marketing Agent

Robert Collins

0404 67....

Malcolm O'Farrell

0423 09....

Ras360

Key Investment Insights

1. Beautiful, quiet complex with excellent investment opportunity
2. Standalone 3-bedroom, 2-bathroom manager's unit with 2-car garage, office, and garden shed
3. Spacious outdoor area for entertaining and fully fenced for privacy
4. Conveniently located within walking distance to restaurants, schools, and shops
5. Friendly body corporate committee and Body Corporate Salary of $86,407.92
6. No set office hours for caretaking-only role, providing a flexible lifestyle
7. Nett Profit of $89,361
8. Business price of $225,000 @ 2.6x
9. Unit price of $740,000
10. Total price of $965,000
11. 9 years remaining on Standard Module BC agreement
12. Located in Albany Creek, a thriving suburb known for its family-friendly atmosphere, excellent schools, and abundant parks
13. Strong community ties and consistent demand for the complex
14. Contact Robert Collins at ---------- or email ---------- for further discussion or to arrange an inspection
15. Ras 360 Property Solutions specializes in Management Rights, Motels, Hotels, Pubs, and Parks.

Management Rights Multiplier: 2.52
ROI Estimate: 39.72%