Bridgeman Downs, Queensland

Two great Business Only MLR's on Brisbanes Northside - $192k nett

$900,000

Business Description

Exclusive Investment Opportunity: Premier Management Rights in Brisbane North!

This unique investment opportunity features two highly sought-after complexes located just a minute's drive apart. Preston Point Residences includes seven rental units, while Anise currently has no rentals; however, the vendor is open to excluding these rentals from the sale if required.

Together, these complexes generate an impressive annual income of $192,373, with the management rights priced at a competitive $900,000. This equates to a 4.7x multiple, offering over 21% ROI. One complex has a 10-year agreement with the full term remaining, and the other boasts a 25-year agreement with 22 years left. Seize this chance to acquire high-value management rights in Brisbane North.

Situated in Albany Creek, a thriving suburb known for its family-friendly atmosphere, excellent schools, and abundant parks, these businesses benefit from a prime location with strong community ties and consistent demand.

- Nett Profit: $192,373
- Business Price: $900,000 @ 4.7x
- Unit Price: Business Only
- Total Price: $900,000
- Agreement Terms: 22/25 years & 10/10 years remaining

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

Business Summary

Business Snapshot

Price: $900,000 Net Profit: $192,373 Remuneration / Body Corp Salary: $188,000

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 137Total Units in Letting Pool: 7Owner Occupy Units: 130Agreement Term: 25 yearsAgreement Term Remaining: 22 years
Marketing Agent
Robert Collins
Robert Collins

Malcolm O'Farrell
Malcolm O'Farrell

Key Investment Insights

1. Unique investment opportunity featuring two highly sought-after complexes located in Brisbane North.
2. Annual income of $192,373 with a competitive 4.7x multiple, offering over 21% ROI.
3. One complex has a 10-year agreement with full term remaining, while the other has a 25-year agreement with 22 years left.
4. Located in Albany Creek, a thriving suburb known for its family-friendly atmosphere, excellent schools, and abundant parks.
5. Strong community ties and consistent demand for rental units in the area.
6. Business only MLR's priced at $900,000.
7. Management rights for both complexes included in the sale.
8. Option to exclude rentals from the sale if required.
9. Total of 137 units in the complex with 7 currently in the letting pool.
10. Permanent complex type with 130 owner-occupied units.
11. Excellent remuneration/body corp salary of $188,000.
12. Management rights business operated by Ras 360 Property Solutions, specializing in management rights, motels, hotels, pubs, and parks.
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