Everton Hills, Queensland
Business Only - $188,740 Net Profit - ID 9185
$1,100,000
Business Description
Permanent Management Rights For Sale
Brisbane Northside - Super Simple Work
- No property attached
- No office hours required
- No need to live onsite
- No responsibility for garbage bin collection
- Only one small, easy to maintain pool and BBQ across two complexes with minimal duties
- Nearly new, modern townhouse complexes with a low maintenance gardens and limited lawn
- Stable high salary of nearly $100,000 with annual CPI increases
- High net profit of $188,740
- Additional income potential
- All permenant rentals: 25 in the letting pool plus 5 external lets, 10 with outside agents
- Long term agreements: 25 years total with 24 and 21 years remaining
An impeccable, easy to manage business offering flexibility and high income. Call now to secure this opportunity and avoid missing out.
Net Profit: $188,000
Asking Price: $1,100,000
For further information or to arrange an inspection on this Brisbane Management Rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 958
Business Summary
Business Snapshot
Price: $1,100,000
Net Profit: $188,740 Remuneration / Body Corp Salary: $97,844
Managers Unit
No residence to purchase with this management rights business
Complex Information
Complex Type: PermanentTotal Units in Complex: 75Total Units in Letting Pool: 30Owner Occupy Units: 39Outside Agent Units: 10Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesBBQ Area: Yes
Key Investment Insights
1. The business is a permanent management rights for sale in Brisbane Northside.
2. The work is super simple with no office hours required.
3. There is no need to live onsite.
4. The responsibility for garbage bin collection is not required.
5. The business only has one small, easy to maintain pool and BBQ across two complexes with minimal duties.
6. The townhouse complexes are nearly new and have modern designs with low maintenance gardens and limited lawn.
7. The business offers a stable high salary of nearly $100,000 with annual CPI increases.
8. The net profit for the business is $188,740.
9. There is potential for additional income.
10. All rentals are permanent with 25 in the letting pool, 5 external lets, and 10 with outside agents.
11. The business has long term agreements with 25 years total, with 24 and 21 years remaining.
12. The business offers flexibility and high income.
13. The asking price for the business is $1,100,000.
14. The management rights broker for the business is Bill He.
15. The property code for the business is 958.
