Albany Creek, Queensland
Business Only with High Stable Salary - ID 9184
$380,000
Business Description
Huge Income Growth Potential in Brisbane North
Permanent Management Rights for Sale
- No property attached
- No office hours required
- No need to live onsite
- No responsibility for garbage bin collection
- Simple pool and BBQ with minimal duties
- Nearly new, modern townhouse complex with a tiny, low-maintenance garden and very limited lawn
- Stable body corporate salary of $55,340, increasing annually with CPI
- Net profit of $65,874
- All permanent rentals: small letting pool of 5, plus 4 with outside agents, offering great income potential
- Long-term 25-year agreement with 21 years remaining
- Priced at just $380,000
An impeccable, easy-to-manage business offering flexibility and a stable income. Call ---------- NOW to secure this fantastic opportunity – no property required!
Net Profit: $65,874
Asking Price: $380,000
For further information or to arrange an inspection of this Management Rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 955
Business Summary
Business Snapshot
Price: $380,000
Net Profit: $65,874 Remuneration / Body Corp Salary: $55,340
Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesBBQ Area: Yes
Key Investment Insights
1. No property attached, offering flexibility for the owner
2. No office hours required, allowing for a more relaxed work schedule
3. No need to live onsite, providing more personal freedom
4. Minimal duties, making the management of the complex easier
5. Stable body corporate salary of $55,340, providing a steady income
6. Net profit of $65,874, showing strong financial performance
7. Small letting pool of 5 permanent rentals, with potential for growth
8. Long-term 25-year agreement with 21 years remaining, providing stability for the business
9. Priced at just $380,000, offering a good value for the business
10. Pool and BBQ area are simple and easy to maintain, with minimal responsibilities
11. Nearly new, modern townhouse complex with low-maintenance garden and lawn
12. Outside agents managing 4 rentals, providing potential for additional income
13. Potential for income growth with the small letting pool and outside agent rentals
14. Impeccable and easy-to-manage business, offering a stress-free ownership experience.