Algester, Queensland
GREAT ADD ON MODERN TOWNHOUSE MANAGEMENT RIGHTS IN ALGESTER
$310,000
Business Description
RCA EXCLUSIVELY PRESENT FOR SALE THE ESTABLISHED ALMOST NEW MANAGEMENT AND LETTING RIGHTS AT BROOKE RESIDENCES ALGESTER WITH NO MANAGERS RESIDENCE OR OFFICE TO BUY.
+ Established near new 45 total townhouse development in Manly West
+ Already completed, setup and running as an established management rights busioness
+ Body corp caretaking salary of approx $47,917.80 per annum
+ Permanent only business with accountant verified $64,723.42 nett income per annum
+ NO MANAGERS RESIDENCE OR OFFICE TO BUY. BUSINESS ONLY.
+ Great location in Algester
+ Developed by Visie Properties
+ Built in 2023
DON'T MISS OUT ON THIS INCREDIBLE NEWLY ESTABLISHED MANAGEMENT RIGHTS OPPORTUNITY. REQUEST INFORMATION MEMORANDUM FOR MORE DETAILS ON THIS PROPERTY.
CONTACT RCA FOR MORE DETAILS.
Business Summary
Key Investment Insights
1. Established management and letting rights at Brooke Residences Algester, marketed as an almost new opportunity.
2. Serves a 45‑townhouse development described as near new in Manly West, indicating a modest portfolio size and concentrated workload.
3. Property built in 2023, implying modern construction, low immediate maintenance liabilities and appeal to contemporary tenants.
4. Developed by Visie Properties, providing developer pedigree and recent project delivery.
5. Business is already completed, set up and and operating as an established management rights business, reducing start‑up risk.
6. Classified as a permanent only business, which implies no holiday letting operations and a stable tenant base.
7. Accountant‑verified net income approximately $64,723.42 per annum, offering verified cashflow for buyers.
8. Body corporate caretaking salary of approximately $47,917.80 per annum, indicating a reliable component of income.
9. Sale excludes a manager’s residence or office, transaction is business only, which reduces purchase capital required but requires buyer to secure separate premises if needed.
10. Located in Algester with the listing emphasising great location, supporting local demand and ease of marketing to residents.
