Burdell, Queensland
Business Only Management Rights Opportunity - Townsville - ID 9086
$421,400
Business Description
Permanent Management Rights for Sale
Business Only Opportunity
Seize the chance to secure management rights for the brand-new Northshore Apartments in Burdell, Townsville. This Heran-built, 48-unit complex offers an exceptional growth opportunity with 43 units in the letting pool. This off-the-plan opportunity is designed for those seeking long-term success and financial security.
Key Investment Highlights:
- Strong Income Stream: Enjoy a body corporate salary of $48,000, and the advantage of brand-new, full-term agreements secured before settlement. This ensures a stable and reliable income from day one.
- Prime Location in Burdell: Northshore Apartments is perfectly situated in Burdell, feeding into Townsville’s expanding employment hub. With immediate access to the A1 and Woolcock Street, tenants have direct routes to major shopping centers, schools, public transport, and employment zones throughout the greater Townsville area.
- No residence to purchase: This business only management right has no real estate to purchase, offering flexibility with low maintenance, no set hours and no requirement to live onsite
Why Invest in Northshore Apartments?
- Growth Potential: As Townsville continues to grow, Burdell is emerging as a prime location, increasing demand for quality accommodation.
- Secure Income: Benefit from new, full-term agreements that lock in stable returns.
- Low Maintenance: As a brand-new development, enjoy modern facilities and reduced upkeep, which appeal to tenants while keeping operational costs low.
This is a standout opportunity for proactive managers or investors looking to capitalize on a high-growth region. Don’t miss out—contact us today to explore this unique investment in Northshore Apartments, Townsville!
Net Profit: No projections available
Asking Price: $421,400
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this North Queensland Management Rights business for sale contact:
Management Rights Broker
Ben Lynn
Property Code: 559
Business Summary
Business Snapshot
Price: $421,400
Remuneration / Body Corp Salary: $48,000
Complex Information
Complex Type: PermanentTotal Units in Complex: 48Total Units in Letting Pool: 41Owner Occupy Units: 5Agreement Term: 25 yearsPool: YesIndoor Pool: YesSpa: YesWIFI: Yes
Key Investment Insights
- Business Only Management Rights opportunity for sale in Townsville
- Located in the brand-new Northshore Apartments complex in Burdell
- 48-unit complex with 43 units in the letting pool
- Strong income stream with a body corporate salary of $48,000
- Brand-new, full-term agreements secured before settlement for stable and reliable income from day one
- Prime location in Burdell with easy access to major shopping centers, schools, public transport, and employment zones
- No residence to purchase, offering flexibility and low maintenance
- Potential for growth as Burdell emerges as a prime location in Townsville
- Secure income with new, full-term agreements
- Low maintenance with modern facilities and reduced upkeep costs
- Ideal opportunity for proactive managers or investors looking to capitalize on a high-growth region
- Asking price of $421,400 (inclusive of manager's real estate)
- For further information or to arrange an inspection, contact Management Rights Broker Ben Lynn.
