Albany Creek, Queensland
Beautiful Near New Complex North Side
Under Contract / Offer
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: Under Contract / Offer
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
Key Investment Insights
1. The business for sale is a management rights opportunity located in Albany Creek, a popular suburb known for its family-friendly atmosphere and strong community ties.
2. The complex is relatively new, with a 10-year agreement remaining on the Standard Module.
3. The business generates a substantial annual income of $115,000, offering a stable and profitable revenue stream.
4. The purchase price for the business is $400,000, which is a 3.48x multiple of the net profit.
5. The business does not require the purchase of any units, making it an ideal opportunity for investors looking to streamline their portfolio.
6. The exclusive use of a dedicated office space is included in the offer, providing a professional and private work environment.
7. The complex consists of 74 units, with 7 units in the letting pool and 67 owner-occupied units.
8. The remuneration/body corporate salary for the business is $101,747.
9. The business is managed under the Permanent Complex type.
10. The complex is situated in a prime location with strong demand, making it an attractive investment opportunity.