Cleveland, Queensland

Asking $1.298mil, Stunning Permanent Management Rights Centrally in Cleveland

SOLD

Business Description

Net Income $150,836
Manager Residence as per valuation by bank panel valuer in October 2022
Totally Asking $1,298,000

Elegant Complex
Perfectly located in Cleveland, a highly sought after position - a quiet and leafy community, just a short stroll to large shopping towns, medical, CBD, schools, transport, the Harbour Precinct and a wide array of amenities, everything is only moments away.
Appr. 25 min ride to Garden City Westfield, Brisbane South Suburbs
Appr. 35min ride to South Bank Parkland, South Brisbane
Appr. 60min ride to Surfers Paradise Beach, Gold Coast
Good rental and very popular for renters.

Very Supportive BC
Good Relationship with BC in place

Great Remuneration
$108,843 with annual adjustment of CPI every April

Long Agreement
Still 22 years left on agreement

Modern and Stunning Manager Residence
A spacious size, two storey 3 beds, 2.5 baths, 3 carparks townhouses comfortably suits all your family's needs
- Fully fenced house with security
- Large backyard for big families
- big office and manager storage

No Requirement of Residing Onsite
No requirement to live onsite
No set up office hours
Just contactable during working hours

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

Managers Unit

Complex Information

Marketing Agent
David Jiang
David Jiang

Next Business & Property Sales

Next Business & Property Sales

Key Investment Insights

Key Insights:
1. Asking price of $1.298 million for a stunning permanent management rights business centrally located in Cleveland.
2. Net income of $150,836.
3. Manager residence valued by bank panel valuer in October 2022.
4. Perfectly located in a highly sought-after community, with easy access to shopping, medical, CBD, schools, and transport.
5. Approximately 25 minutes from Garden City Westfield and 35 minutes from South Bank Parkland.
6. Good rental and popular for renters.
7. Supportive body corporate with a good relationship in place.
8. Great remuneration of $108,843 with annual CPI adjustments.
9. Long agreement with 22 years remaining.
10. Modern and stunning manager residence with 3 bedrooms, 2.5 bathrooms, and 3 carparks.
11. Fully fenced with security and a large backyard.
12. No requirement to live onsite or have set office hours.
13. Perfect opportunity for a solid income and lifestyle business.
14. Exclusive listing with the NEXT team.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Great Value Management Rights with  Stunning Golf Course and Lake Views
Onsite Management Rights
Great Value Management Rights with Stun...

CORNUBIA

$1,230,000

Net Income: $123,602
Managers Estate: $620,000 3 Bed 2 Bath
Letting Pool: 13
Remuneration: $99,767

Bay Side Beautiful This Could be You
Ras360
Bay Side Beautiful This Could be You

CAPALABA

$1,298,000

Net Income: $135,000
Managers Estate: $649,000 3 Bed 2 Bath
Letting Pool: 62
Remuneration: $100,785

All About Location! Permanent GEM in Bayside Brisbane
Next Business & Property Sales
All About Location! Permanent GEM in...

WELLINGTON POINT

$1,166,000

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

Easily Managed Permanent - ID 9107
MR Sales
Easily Managed Permanent - ID 9107

UPPER COOMERA

$1,239,000

Net Income: $178,785
Managers Estate: $625,000 3 Bed 2 Bath
Letting Pool: 46
Remuneration: $86,263

Townhome $625,000 Business $614,000 BC Salary Over 70%
Ras360
Townhome $625,000 Business $614,000 BC...

UPPER COOMERA

$1,239,000

Net Income: $178,786
Managers Estate: $625,000 3 Bed 2 Bath
Letting Pool: 46
Remuneration: $86,263

Motivated Seller, Welcome all Offers - Permanent Management Rights Featuring Dual Income Streams
Premier Business Sales
Motivated Seller, Welcome all Offers -...

UPPER COOMERA

$1,239,000

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

Streaky Bay Islands Caravan Park
Substantial CBD investment
Exclusive - NO REQUIREMENT to Live Onsite & Extra Rental Income – ID 9129
Majestic Ocean Views - ID 8423
AN OUTBACK MOTEL AND CARAVAN PARK OASIS WITH SOLID RETURNS - 1437ML
Exclusive - Navigate Towards Success in Hervey Bay- ID 9127
NOP $315K BUSINESS-ONLY MLR PORTFOLIO WITH NO COMMON FACILITIES | Resort Brokers ID : MRB008205
Outrigger: Where Hospitality Meets Profitable Waves, Surging with Over $377k in Net Profit!
Ill Health Requires Sale - Performing Very Well
Unlock Robina's Location: Net Profits over $141,000 in a Vibrant Business Hub!
Money Maker Holiday Park Close to Town Centre
Retiring Seller - Owner Must Sell!
Prime Business Only Fortitude Valley Management Rights: Lucrative Opportunity Awaits! 🌟
POPULAR REGIONAL MOTEL LEASEHOLD - 1642ML
$511K Net, No Pool, No Garden – ID 9134
EXCEPTIONAL LIFESTYLE WITH A SIMPLE COMMUNITY BASED COUNTRY PUB IN THE MIDDLE OF TOWN - 52HF
Terminus Hotel
Brassall Retirement Village. very low multiplier