Albany Creek, Queensland

Beautiful Near New Complex North Side

SOLD

Business Description

Management Rights for Sale on Brisbane's Northside. An exceptional opportunity with a lucrative 10-year agreement, requiring no unit purchase — ideal for investors looking to streamline their portfolio.

- Nett Profit: $115,000
- Business Price: $400,000 @ 3.48x
- Unit Price: Business Only
- Total Price: $400,000
- Agreement: 10 years remaining on Standard Module

This unique investment is priced at $400,000. The management rights generate a substantial annual income of $115,000, offering a stable and profitable revenue stream. Included in this offer is the exclusive use of a dedicated office space, ensuring a professional and private work environment.

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.

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

Business Summary

Business Snapshot

Price: SOLD Net Profit: $115,212 Remuneration / Body Corp Salary: $101,747

Complex Information

Complex Type: PermanentTotal Units in Complex: 74Total Units in Letting Pool: 7Owner Occupy Units: 67Agreement Term: 10 yearsAgreement Term Remaining: 10 years

Marketing Agent

Robert Collins

0404 67....

Malcolm O'Farrell

0423 09....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. The business is a management rights opportunity located in Albany Creek, a popular and family-friendly suburb in Brisbane's northside.
2. The complex is relatively new and well-maintained, with a total of 74 units and 7 units in the letting pool.
3. The business is being sold at a price of $400,000, which includes the exclusive use of a dedicated office space.
4. The business generates a stable and profitable annual income of $115,000, with a remuneration/body corp salary of $101,747.
5. The agreement for the management rights is for 10 years, with the full term remaining.
6. This opportunity is ideal for investors looking to streamline their portfolio, as no unit purchase is required.
7. The location of the complex in Albany Creek offers strong community ties and consistent demand for rental properties.
8. The business is being sold by Ras 360 Property Solutions, a reputable company specializing in management rights, motels, hotels, pubs, and parks.
9. The complex is a permanent residential complex, with 67 units occupied by owners.
10. The business is priced at 3.48x the net profit, making it a potentially lucrative investment opportunity.