Brisbane City, Queensland
Huge Income and Rare Opportunity - Student Accommodation MR Business in Brisbane
$7.1 mil MR Bus and Manager Lot on Valuation
Business Description
NEXT Realty is proud to present an exclusive opportunity to acquire the management rights of a rare student accommodation permanent management rights business in Brisbane, indeed it is a unique opportunity for astute investors seeking stability, growth, and long-term returns.
Key Features
- Well-established student accommodation business in Brisbane, the Host City of the 2032 Summer Olympics
- Huge Net Income $1,014,785 in the P&L prepared by a professional Industry Accountant
- Fantastic Body Corporate salary of $280,176, with annual increase by CPI
- Well-run building, well-established business and experienced staff, all procedures documented
- Complex very popular with students
- Healthy Body Corporate relationship in place
- 22 years long term agreements on a BCCM Accommodation Module
- Spacious office on ground floor, be contactable during normal hours
- Manager Lot was valued by a Industry Specialist Valuer on bank panel
If you want to buy a well-established operation with strong financials management right business, it ticks all your boxes, please book your inspection immediately with Exclusive Agent - NEXT Realty
Inspection by appointment only
Business Summary
Key Investment Insights
- Located in Brisbane, the host city of the 2032 Summer Olympics, providing potential for growth and increased demand for student accommodation
- Huge net income of $1,014,785, as verified by a professional industry accountant
- Body corporate salary of $280,176 with annual CPI increases, providing stable and consistent income
- Well-run building with established business and experienced staff, all procedures documented for smooth operation
- Popular complex with students, ensuring high occupancy rates and potential for long-term tenancies
- Strong and healthy relationship with the body corporate, ensuring smooth management and maintenance of the property
- Long-term agreements of 22 years on a BCCM Accommodation Module, providing stability and security for the business
- Spacious office on the ground floor, allowing for easy accessibility and availability during normal business hours
- Manager's lot has been professionally valued by an industry specialist on a bank panel, providing assurance of the business's value and potential for growth.
