48 Lisburn Street, East Brisbane, Queensland

Great Complex close to the city

Under Contract / Offer

Business Description

Stanley Point is an ideal first complex to start one off into the management rights industry or an excellent add-on into a thriving management rights portfolio. This business boasts of both an internal letting pool and a growing external property management business.
This clean and tidy complex built in 2004 is easy to maintain and enjoys a modern style swimming pool.
The manager’s unit is a tidy 3 bedroom, 2 bathroom and has 2 car space; an ideal size to run a business.
This complex is ideally located just five minutes from The Gabba and the cafes and shops throughout the precinct. Coles is also just five minutes away. Stanley Point enjoys easy access to public transportation with the bus-stop right at its doorstep.
Start your career or grow it in Stanley Point.
Income is $100,000
Unit is $650,000
MR is $300000
Total $950000
Reduced to a low multiplier P&L done by a recognized MR accountant
All reasonable offers considered
Please contact Agent Robert Collins on ---------- or ----------

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $100,000 Remuneration / Body Corp Salary: $61,622

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 41Total Units in Letting Pool: 15Holiday Units: 15Owner Occupy Units: 21Outside Agent Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 17 years
Marketing Agent
Robert Collins
Robert Collins

RAAS Property Group

RAAS Property Group

Key Investment Insights

1. Ideal first complex for someone looking to enter the management rights industry or a great addition to an existing portfolio.
2. Boasts of both an internal letting pool and a growing external property management business.
3. Clean and tidy complex built in 2004 with a modern style swimming pool.
4. Manager's unit is a 3 bedroom, 2 bathroom with 2 car spaces, perfect for running a business.
5. Located just 5 minutes from The Gabba, cafes, shops, and Coles.
6. Easy access to public transportation with a bus-stop right at the doorstep.
7. Income of $100,000 with a reduced multiplier P&L done by a recognized MR accountant.
8. All reasonable offers will be considered.
9. Contact Agent Robert Collins for more information.
10. Business snapshot includes price, net profit, and remuneration/body corp salary.
11. Manager's unit is valued at $650,000 and has 3 bedrooms, 2 bathrooms, and 2 car spaces.
12. Complex is permanent with a total of 41 units, 15 of which are in the letting pool.
13. Agreement term is 25 years with 17 years remaining.

Management Rights Multiplier: 3.00
ROI Estimate: 33.33%

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

Solid Income, Permanent GEM in Bayside Brisbane
Next Business & Property Sales
Solid Income, Permanent GEM in Bayside...

WYNNUM

$1,080,000

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

PURE BUSINESS-ONLY MANAGEMENT RIGHTS - PRIME INNER CITY LOCATION! | Resort Brokers ID : MRB007910
ResortBrokers
PURE BUSINESS-ONLY MANAGEMENT RIGHTS -...

STONES CORNER

Under Contract / Offer

Net Income: $150,051
Managers Estate: - - Bed - Bath
Letting Pool: 60
Remuneration: $67,164

Highland Ridge: Your Gateway to Rewarding Management Rights in Manly West | Resort Brokers ID : MR007886
ResortBrokers
Highland Ridge: Your Gateway to Rewarding...

MANLY WEST

$976,000

Net Income: $103,000
Managers Estate: $580,000 3 Bed 2 Bath
Letting Pool: 10
Remuneration: $86,642

Bayside Real Estate Prices Are Increasing - ID 8328
MR Sales
Bayside Real Estate Prices Are Increasing -...

MANLY WEST

$940,615

Net Income: $63,030
Managers Estate: $720,000 3 Bed 2 Bath
Letting Pool: 42
Remuneration: $69,336

Business For Sale - Boutique Bayside Caretaking Business - ID 8328
MR Sales
Business For Sale - Boutique Bayside...

MANLY WEST

$893,500

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

Sunny Life and Stable Business @ Brisbane Inner East!
Next Business & Property Sales
Sunny Life and Stable Business @ Brisbane...

MORNINGSIDE

$850,000

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