Capalaba, Queensland
Work Life Balance - Permanent Management Rights Brisbane
SOLD
Business Description
If you are looking for work, life balance then this immaculately presented permanent Management Rights complex is a must see!
Positioned in the heart of Capalaba, Brisbane, close to major shopping centres, restaurants, schools and public transport. Capalaba is the gateway to the Redlands, a beautiful lifestyle to be had.
This recently built complex consists of a mixture of 54 units and 50 townhouses with 77 in the permanent letting pool.
With NO set office hours and very minimal gardens to maintain, this business would suit those who are looking for flexibility PLUS the business has plenty of opportunities to increase net profit further.
This beautiful complex boasts a magnificent resort style Pool / BBQ area and includes a modern managers residence, being a double storey townhouse with 3 bedrooms, 2 bathrooms, separate toilet, separate office with storage room plus a double lock up garage.
With 24 years on the Management Rights agreement and a healthy net profit this complex ticks all the boxes.
Net: $264,659
Property Code: 1056
Business Summary
Key Investment Insights
1. Immaculately presented permanent Management Rights complex
2. Located in the heart of Capalaba, Brisbane, close to major amenities
3. 54 units and 50 townhouses with 77 in the permanent letting pool
4. No set office hours and minimal gardens to maintain
5. Plenty of opportunities to increase net profit
6. Resort-style pool and BBQ area
7. Modern and spacious manager's residence with 3 bedrooms, 2 bathrooms, and a double garage
8. 24 years remaining on the Management Rights agreement
9. Healthy net profit of $264,659
10. Great work-life balance potential for owners.
