Beaudesert, Queensland

COUNTRY LIFESTYLE - CITY INCOME - PERMANENT MANAGEMENT RIGHTS

$2,090,000

Business Description

Enjoy a peaceful country lifestyle with Gold Coast beaches and Brisbane CBD only 1 hour away. This is a unique Management Rights opportunity to secure an easy to run profitable business located in the Scenic Rim town of Beaudesert.

This complex consists of 78 townhouses, 69 of which are in the vendors letting pool. To add to the business the vendor also has another 19 external houses in a new estate just a short drive away, with the possibility of adding to this in the future. This region is booming due to affordable house prices / rents and proximity to major cities.

With no set office hours, 22-year agreement in place and with a great net profit over $328,000 the business is sure to meet the requirements of discerning investors. To complement this is one of the best managers residences you will find, a very stylish 4-bedroom freestanding home spanning over two levels.

- Long Agreements

- Outstanding Residence

- Easy workload

- Peaceful location close to golf course

- No set office hours

- 1 hour to Beach or City

- Net Profit $328,000+

Call now for more information or to arrange an inspection, you won’t be disappointed.

Property Code: 1304

Business Summary

Business Snapshot

Price: $2,090,000 Net Profit: $328,043 Remuneration / Body Corp Salary: $117,304

Managers Unit

Value of Managers Apartment: $595,000Bedrooms: 4Bathrooms: 3Car Spaces: 2Office: On TitlePets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 78Total Units in Letting Pool: 70Owner Occupy Units: 5Outside Agent Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesGym: Yes

Marketing Agent

Scott Saunders

Premier Business Sales

Key Investment Insights

1. Unique Management Rights opportunity in the Scenic Rim town of Beaudesert.
2. 78 townhouses in the complex, with 69 in the vendor's letting pool.
3. Possibility of adding more external houses in a new estate in the future.
4. Booming region with affordable house prices and rents, and proximity to major cities.
5. No set office hours, allowing for a flexible workload.
6. 22-year agreement in place.
7. Net profit of over $328,000.
8. Stylish 4-bedroom freestanding home serving as the manager's residence.
9. Long agreements and outstanding residence.
10. Peaceful location close to a golf course.
11. Only 1 hour away from Gold Coast beaches and Brisbane CBD.
12. Managers apartment valued at $595,000.
13. 4 bedrooms, 3 bathrooms, and 2 car spaces in the manager's residence.
14. Pets allowed.
15. Complex type is permanent, with a total of 78 units.
16. 70 units in the letting pool, with 5 owner-occupied units and 2 outside agent units.
17. Complex has a pool and gym.
18. Agreement module is accommodation, with a term of 25 years.
19. 22 years remaining on the agreement term.

Management Rights Multiplier: 4.56
ROI Estimate: 21.94%