Calamvale, Queensland

Business Only, Large Income, Huge Remuneration, Permanent GEM in Southside Brisbane

Expression of Interest

Business Description

This is an outstanding opportunity to buy management rights in Calamvale in the ever-popular Brisbane Southside. Located close to major arterial roads, trains and bus transport providing easy access to Brisbane and the Gold Coast.

- Business Only with large net income $305,991
- Centrally located in the Leafy suburb of Calamvale, Brisbane Southside
- Well- presented complex provides the perfect environment to relax in
- Very well-run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 23 years left on a 25 years accommodation module
- Large manager remuneration $175,912 with annual adjustment of CPI every August
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- No real estate associated
- No requirement of residing onsite
- Well-presented exclusive office, no office hour

Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
This would be a perfect opportunity to secure a solid income and lifestyle business, it ticks all your boxes.
Please book your inspection immediately with our exclusive NEXT team.

Business Summary

Complex Information

Marketing Agent
David Jiang
David Jiang

Next Business & Property Sales

Next Business & Property Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Business-only management rights generating large net income of $305,991 per annum.
2. Manager remuneration of $175,912 per annum with annual CPI adjustments every August.
3. Long-term security, 23 years remaining on a 25-year accommodation module.
4. Prime Southside Brisbane location in leafy Calamvale, close to major arterial roads, trains and bus transport providing easy access to Brisbane and the Gold Coast.
5. Very well-run operation with all procedures documented, facilitating smooth handover and consistent operations.
6. Low tenant turnover, reducing frequency of inspections and administrative workload.
7. Supportive and positive relationship with the body corporate, aiding day-to-day management.
8. Well-presented complex and exclusive office, offering an attractive environment and professional presentation.
9. No real estate component and no requirement to reside onsite, increasing flexibility for owners.
10. Suited to a family or semi-retired couple seeking solid income and lifestyle benefits, with no set office hours required.
Listing location
Gallery

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Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
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