Deception Bay, Queensland

Realistic Vendor - Keen To Sell

SOLD

Business Description

• Great Location, close to all amenities, public transport and beaches
• Guaranteed body corporate salary, over 60% of the net profit
• 4 bedroom, good size manager unit
• No set office hours
• Easily managed permanent residential letting
• Strong rental demands and potentials to improve the letting pool

Business Summary

Business Snapshot

Price: SOLD Net Profit: $131,540 Remuneration / Body Corp Salary: $79,732Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $355,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 60Total Units in Letting Pool: 28Pool: Yes
Marketing Agent
Paul Wang
Paul Wang

Jason Ke
Jason Ke

Onsite Management Rights

Onsite Management Rights

Key Investment Insights

1. Great location with close proximity to amenities, public transport, and beaches.
2. High guaranteed body corporate salary, making up over 60% of the net profit.
3. Spacious 4 bedroom manager unit.
4. No set office hours, allowing for flexible management.
5. Strong demand for rentals and potential for growth in the letting pool.
6. Permanent residential letting, providing stability and consistent income.
7. Annual CPI body corporate salary review.
8. Manager's apartment valued at $355,000.
9. Complex consists of 60 units with 28 in the letting pool.
10. On-site pool for residents' use.

Management Rights Multiplier: 5.09
ROI Estimate: 19.63%

Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Easy  & Neat Complex in Chermside - Suit First Time Manager or One Caretaker
Onsite Management Rights
Easy & Neat Complex in Chermside - Sui...

CHERMSIDE

$923,500

Net Income: $50,817
Managers Estate: $660,000 3 Bed 2 Bath
Letting Pool: 12
Remuneration: $38,080

Exceptional Income Potential with Luxurious Residence - ID 8581
Family Hotel, Cootamundra NSW - 1P0382
A BUSINESS YOU WILL BE PROUD TO OWN - 2783ML
Easy Permanent with Big Body Corporate Salary $145K and 3% Annual Increase
Hotel in Daylesford Region - 1P5914
Permanent, Long term agreements, great salary, ideal location | Resort Brokers ID : MR008116
Acquire a Premier Resort LH- Newly Refurbished Suites with a Loyal Customer Base | Resort Brokers ID : LH008145
Price Drop - Compact Caretaking-Only MR in Brisbane's Inner-North | Resort Brokers ID : MRB008143
Leasehold interest of Quest Maitland perched on the Hunter River | Resort Brokers ID : LH008037
Hotel/motel, caravan park and a mail-sorting business - This FHGC has it all | Resort Brokers ID : FH008008
Simple, Neat and Tidy!
PERFECT PORTFOLIO ADDITION - CARETAKE THIS LUXURY KIRRA PROPERTY | Resort Brokers ID : MRC008134
Captivating Kauri Coast TOP 10 Holiday Park  A Thriving Gem!
Top Location Urgent Sale Cairns
Easy Business with High Income - ID 9126
Boutique NDIS Registered Provider  Gold Coast
Very Profitable Slice of NZ Paradise
Dunedin 21 Stylish Quiet Units - 2016 Full Reno