Clayfield, Queensland

Fantastic, Compact Caretaking-Only MR in Brisbane's Exclusive Northside Suburbs | Resort Brokers ID : MRB007965

$150,000

Business Description

ResortBrokers presents an exclusive chance to secure a compact caretaking-only management rights comprising two small buildings in Clayfield and Ascot, Brisbane. The complexes, the Promenade on Clayfield and D Dobson in Ascot, collectively offer 20 upscale apartments, emphasizing a low-maintenance design with simple gardens and a small pool (at Promenade), enhancing the property's appeal without overburdening caretaking duties. With a minimal workload of just 5 hours per week across both sites, this opportunity is an attractive prospect for local operators seeking portfolio expansion without excessive commitments, backed by a competitive caretaking salary of $30,409.

The Vendor emphasizes the favourable relationship with the body corporates and the manageable responsibilities, making this a promising investment. This opportunity provides an alluring proposition for local operators aiming to capitalize on the convenient location coupled with minimal responsibilities in these prestigious suburbs.

- Promenade on Clayfield: Twelve luxurious apartments featuring tandem car parks
- D Dobson, Ascot: Eight modern, well-appointed residences in a vibrant neighbourhood.
- Effortless Caretaking:Minimal caretaking duties across both complexes, requiring only 5 hours per week, allowing you to focus on other ventures.
- Body Corporate pays for specialist work (including front hedges at Promenade)
- Convenient Location: Strategically positioned just 7 minutes apart in the sought-after suburbs of Clayfield and Ascot, offering the perfect blend of urban convenience and serene living.
- Caretaking Excellence:Benefit from a caretaking-only opportunity with the option of a letting agreement, ensuring a steady caretaking salary of $30,409.
- Inspections by appointment only.
Date updated: 26 Nov 2023 22:00:10

Business Summary

Business Snapshot

Price: $150,000 Net Profit: $30,409 Remuneration / Body Corp Salary: $30,409

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 20Total Units in Letting Pool: 2Holiday Units: 2Owner Occupy Units: 14Outside Agent Units: 4Agreement Term Remaining: 19 years
Marketing Agent

Key Investment Insights

1. Compact caretaking-only management rights opportunity in Brisbane's exclusive northside suburbs.
2. Comprises two small buildings, the Promenade on Clayfield and D Dobson in Ascot, with a total of 20 upscale apartments.
3. Low-maintenance design with simple gardens and a small pool at Promenade.
4. Minimal workload of just 5 hours per week across both sites.
5. Competitive caretaking salary of $30,409.
6. Favourable relationship with body corporates and manageable responsibilities.
7. Convenient location, just 7 minutes apart in sought-after suburbs of Clayfield and Ascot.
8. Option for a letting agreement to ensure steady caretaking salary.
9. Inspections by appointment only.
10. Price: $150,000 with a net profit of $30,409.
11. Complex type: Permanent with 20 units in total.
12. 2 units in the letting pool, 2 holiday units, 14 owner-occupied units, and 4 outside agent units.
13. Agreement term remaining: 19 years.
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Remuneration Only - Simply and Solid!
Next Business & Property Sales
Remuneration Only - Simply and Solid!

ALBION

$220,000

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

Building Management  Services Agreement - Coronation Towers
Diverse Group of Companies
Building Management Services Agreement -...

24 Dunmore Terrace AUCHENFLOWER

Expressions of Interest closing 16/10/23 @ 5:00pm

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

MIRVAC'S LATEST RIVERSIDE MANAGEMENT RIGHTS TO GO TO MARKET | Resort Brokers ID : MR007864
ResortBrokers
MIRVAC'S LATEST RIVERSIDE MANAGEMENT RIGHTS...

NEWSTEAD

Expressions Of Interest

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

MIRVAC'S LATEST RIVERSIDE MANAGEMENT RIGHTS TO GO TO MARKET | Resort Brokers ID : OTP007827
ResortBrokers
MIRVAC'S LATEST RIVERSIDE MANAGEMENT RIGHTS...

NEWSTEAD

Expressions Of Interest

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

Beachfront Leasehold Motel & Tourist Park
Lifestyle Park in Premium Gippsland Location - 1P4512
Two Mile Hotel Leasehold Sale
LARGE CORPORATE LEASEHOLD MOTEL! - 2304ML
BYRON BAY RESORT WITH RARE 20 YEAR AGREEMENTS | Resort Brokers ID : MR008046
Exclusive Dual Key Resort in Cairns Beaches
ResortBrokers offers an exclusive high-yield investment Motel in Central QLD | Resort Brokers ID : INV008036
Profitable, low-maintenance Management Rights business in Cairns CBD | Resort Brokers ID : MR008041
Outstanding Short-Stay Opportunity - Huge $495k+ Net Profit at 4.4x Multiplier  | Resort Brokers ID : MR008042
BOUTIQUE FREEHOLD - TRIFECTA OF BUSINESSES WITH HUGE POTENTIAL FOR EXPANSION | Resort Brokers ID : FH008029
SOLID MR BUSINESS AT A MULTIPLIER OF 2.3x NET PROFIT IN EXCESS OF $200K | Resort Brokers ID : MR008032
1st time to market in over a decade freehold motel in Hamilton, VIC | Resort Brokers ID : FH007999
Super High Return $315,000 – ID 9116
Freehold Going Concern of a large motel property in Parkes | Resort Brokers ID : FH007986
Profitable Backpacker for Sale in Greymouth
Amaroo Holiday Park - 1P5915
Birchip Motel & Caravan Park, VIC - 1P0347
5 hectare River Front Park offering brand new lease