9103 Lipscombe Road, Deception Bay, Queensland
Discover An Unbeatable Opportunity In Deception Bay - ID 9103
$2,138,000
Business Description
Permanent Management Rights For Sale
- A high-net permanent Management Rights portfolio that promises a secure and lucrative future.
- Three complexes, conveniently sharing adjoining boundaries.
- 145 townhouses with 45 of those making up the permanent letting pool.
- With no set office hours, you have the flexibility to manage your business and personal obligations with ease.
- A key advantage of this Management Rights portfolio is the streamlined management of maintenance duties. The current manager handles all maintenance duties, while additional contractors are employed for grounds keeping tasks during the summer months.
- Spacious and modern three-bedroom manager's residence. Boasting ample living space, 2.5 bathrooms, a well-equipped kitchen, covered outdoor area and backyard.
- A pet is permitted with Body Corporate approval.
- Deception Bay is a highly sought-after location, with strong rental demand and a steady influx of tenants.
This established business is the perfect investment for those seeking a profitable venture in the Management Rights industry. With long agreement terms remaining in place, you can rest assured that your income will remain stable and consistent.
Don't miss out on this incredible opportunity to own and operate a thriving Management Rights business in Deception Bay.
Net Profit: $299,690
Asking Price: $2,138,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this Queensland Management Rights business for sale contact:
Management Rights Broker
Peter Ross
Property Code: 665
Business Summary
Business Snapshot
Price: $2,138,000
Net Profit: $299,690 Remuneration / Body Corp Salary: $211,708
Managers Unit
Value of Managers Apartment: $580,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: YesSingle level residence, Three bedrooms, 2.5 bathrooms, Well appointed kitchen, Generous living area, Covered outdoor space, Double lock up garage, Office
Complex Information
Complex Type: PermanentTotal Units in Complex: 145Total Units in Letting Pool: 45Owner Occupy Units: 59Outside Agent Units: 30Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: Yes
Key Investment Insights
Management Rights Multiplier: 5.20
ROI Estimate: 19.24%