Daisy Hill, Queensland

GREAT BODY CORPORATE SALARY

SOLD

Business Description

Conveniently located within walking distance to terrific shopping centres, this gated townhouse complex is worth your attention.

City buses right at the doorstep, quick access to the M1, just 20 minutes to Brisbane and 35 minutes to the Gold Coast. Walk to great schools such as John Paul College and St Edwards Catholic Primary.

An attractive Body Corporate renumeration of $126,000, with yearly 3% increases, in addition to a very healthy permanent letting pool income will see you achieving a solid return on your investment with this Management Rights business.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $237,000 Remuneration / Body Corp Salary: $126,000Body corp salary review: Fixed %

Managers Unit

Value of Managers Apartment: $418,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Two storey townhouse in a secure gated community

Complex Information

Complex Type: PermanentTotal Units in Complex: 92Total Units in Letting Pool: 53Owner Occupy Units: 30Outside Agent Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesBBQ Area: YesPay TV: Yes

Key Investment Insights

1. Convenient location with easy access to major transportation routes and shopping centers.
2. Strong and consistent rental demand in the area.
3. Close proximity to reputable schools, making it an attractive option for families.
4. Attractive Body Corporate remuneration with yearly 3% increases.
5. Healthy permanent letting pool income, providing a solid return on investment.
6. Manager's unit is a spacious and secure two-storey townhouse within a gated community.
7. Complex is well-maintained with amenities such as a pool, BBQ area, and pay TV.
8. Agreement term remaining is 21 years, providing long-term stability for the business.
9. Opportunity for potential growth with 53 units in the letting pool and only 8 units managed by outside agents.
10. Pets are allowed in the manager's unit, providing flexibility for the manager's living arrangements.

Management Rights Multiplier: 5.49
ROI Estimate: 18.20%

Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights, Management Rights For Sale

You may also like

Beautiful Bayside Lifestyle Business and Great Manager Residence
Next Business & Property Sales
Beautiful Bayside Lifestyle Business and...

REDLAND BAY

3.5 Times Business + Large House MU @ $1.68mil ONO

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

Highly Awarded Permanent
Beautiful Location FHGC before the Tourism Season
Leasehold Beachfront Tourist Park
Gold Coast's Premier Management Rights Opportunity – Coolangatta Beachfront Icon
Restaway Holiday Units
Acquire Management Rights in Eagleby - Flexible, Profitable, and Stable | Resort Brokers ID : MR008726
BUSINESS-ONLY TOWNHOUSE COMPLEX WITH FUTURE UPSIDE! | Resort Brokers ID : MRB008732
Rare to Dunedin - FHGC Motel - Vendor Finance
Retirement Village Management Rights – Exceptional Opportunity
Low-Maintenance, Caretaking only in Prime inner-city fringe Location | Resort Brokers ID : MRC008739
BRAND NEW, PREMIUM ECO-RESORT ON 21 HA, INCLUDING 1KM of PRIVATE MARINA FRONTAGE | Resort Brokers ID : FH008715
THIS IS THE ONE - +$850K NET PROFIT, PERFECTED LOCATED GOLD COAST HOLIDAY RESORT | Resort Brokers ID : MR008736
Exceptional Management Rights in High-Growth Suburb | Resort Brokers ID : MR008729
PASSIVE INVESTMENT WITH DEVELOPMENT UPSIDE, WATERFRONT COASTAL LOCATION | Resort Brokers ID : INV008712
BRISBANE INNER-CITY, SHORT-STAY MR - $1.4M NOP | Resort Brokers ID : MR008737
Location - Does It Get Any Better Than This?
Beachside Boutique with Impressive Income and Lifestyle | Resort Brokers ID : MR008720
Exclusive - Waterfront Management Rights with $526K Net Profit - ID 9199