Burpengary, Queensland
5 Times Multiplier Stunning Big Permanent Management Rights in Brisbane
SOLD
Business Description
- Big net income $254,773 with great remuneration $122,192.
Conveniently situated in leafy northern suburb of Burpengary - Hidden secret great location.
- Central to Burpengary, where has undergone a transformation in recent times and now boasts a Kmart, World Gym, and numerous dine in and takeaway restaurants
- Close proximity to the recently refurbished Burpengary Plaza, Primary and Secondary Schools, Burpengary Train Station
- Access to all important facilities, convenience to the north and south coast/airport
- Easy access to the Bruce Highway for Brisbane or Sunshine Coast commuting
- 10 min drive to Costco Warehouses, Westfield North Lakes and IKEA Shopping Malls
- 20 min drive to Scarborough and Redcliff if you love walking by the beach
- 40 min away from Brisbane City.
- Train is not packed unlike Ferny grove line.
Well-presented complex in strong rental area and very popular for renters
- Modern and well-designed layout villas
- Offers relaxing Swimming Pool, BBQ area
- Large Green space park within the complex
Very well run business, all procedures documented
Long agreement - Still 23 years left on agreement
Body Corporate very fantastic and supportive to work with
A great manager remuneration $122,192 with annual adjustment of CPI
Modern and fantastic Manager Residence
- Standalone lowset villas, with a touch of elegance & style, stunning and beautifully appointed three beds, two baths and downstairs toilet, large double garage including laundry
- Spacious dining and living area large enough to comfortably suit all your family's needs
- Split system air conditioning throughout villa, security screens and blinds, ceramic tiled flooring to living area and floating timber flooring to bedrooms.
- Kitchen includes a large pantry and modern appliances
- The quiet covered patio outdoor area for a nice outdoor setting and BBQ
- Spacious separate office, no set office hours
- Separate entry to main dwelling (internal and external access), ceramic tiled floor, fixed laminated desk, cupboards and shelving, ceiling fan and split system air conditioner.
This is a rare opportunity to purchase such a beautiful lifestyle permanent management right! Be quick! Don't miss the rare management rights in Brisbane Northside!
Business Summary
Key Investment Insights
Key Insights:
- Located in a highly desirable and convenient area in the northern suburb of Burpengary
- Close to a variety of amenities, including shopping centers, schools, and public transportation
- Easy access to major highways for commuting to Brisbane or the Sunshine Coast
- Well-maintained complex with modern and attractive villas, swimming pool, BBQ area, and large green space park
- Long agreement with 23 years remaining
- Supportive and fantastic body corporate
- Strong rental demand in the area
- Well-run business with documented procedures
- Manager's residence is modern and spacious with high-end features and a separate office
- Attractive manager remuneration with annual CPI adjustment
- Rare opportunity to purchase a lifestyle permanent management right in Brisbane Northside.
