Bulimba, Queensland
Big Nett with Large Remuneration and One Bed Manager Residence
Business $1,523,300 + One Bed Manager Unit
Business Description
Bulimba combines river-side charm with an elegant lifestyle, in a suburb that you'll never want to leave. Bulimba has everything you need for a great lifestyle - food, shopping, entertainment and fun for the entire family - all without leaving its leafy streets. Sure, you might have to force yourself to leave to go to work on Monday, but you'll always be happy to come home to Bulimba.
- Net Income $276,963, Asking for $1,523,300 on MLR business
- Manager Residence One Bed Unit on Negotiation
- Fantastic Body Corporate salary of $196,741, with annual increase by 3% or CPI
- Very well run complex and well established and steady business, all procedures documented
- 20 years+ long on agreements
- Complex very popular with tenants
- Small letting pool to give you an undisturbed lifestyle
- Stunning and Modern manager residence comprises One bed plus study, one bath, one car space
- Spacious separate office, no set office hours
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
This is a rare opportunity to purchase such a beautiful lifestyle permanent management right! Come and take a look, we are sure you will be impressed!
Business Summary
Managers Unit
Complex Information
Key Investment Insights
1. High net income of $276,963, with potential for even higher returns.
2. Asking price of $1,523,300 for the management rights business.
3. Negotiable price for the one bed manager residence.
4. Strong body corporate salary of $196,741 with annual increases.
5. Well-established and steady business with documented procedures.
6. Long agreements of 20+ years.
7. Popular complex with high tenant demand.
8. Small letting pool for a more relaxed and undisturbed lifestyle.
9. Modern and spacious manager residence with one bed, study, and car space.
10. Separate office with no set office hours.
11. Ideal for a family or semi-retired couple looking for a solid income and great lifestyle.
12. Rare opportunity to purchase a lifestyle permanent management right.
13. Impressive and well-maintained complex.
14. Located in the highly desirable and sought-after suburb of Bulimba.
15. Close to amenities, entertainment, and leisure activities.
