Fitzgibbon, Queensland

MR On Brisbane North Side

SOLD

Business Description

You will be the second owner of this Ausbuild complex . Close to all ammenities in a great location. Complex is easy to look after by one person. For an appointment please call Robert Collins Exclusive Agent on ---------- or ----------

Business Summary

Business Snapshot

Price: SOLD Net Profit: $125,776 Remuneration / Body Corp Salary: $50,845

Managers Unit

Value of Managers Apartment: $399,000Bedrooms: 3

Complex Information

Complex Type: PermanentTotal Units in Complex: 46Total Units in Letting Pool: 40Owner Occupy Units: 4Agreement Term: 25 yearsAgreement Term Remaining: 22 years
Marketing Agent
Robert Collins
Robert Collins

Key Investment Insights

1. The business for sale is a management rights opportunity located on the Brisbane North Side.
2. The complex is an Ausbuild complex and the second owner will take over the management.
3. The location of the complex is close to all amenities, making it an attractive location for potential tenants.
4. The complex is easy to manage and can be handled by one person.
5. The current net profit for the business is $125,776.
6. The remuneration/body corp salary for the business is $50,845.
7. The value of the manager's apartment is $399,000 and it has 3 bedrooms.
8. The complex is a permanent type with a total of 46 units.
9. There are 40 units in the letting pool and 4 units are owner-occupied.
10. The agreement term for the management rights is 25 years, with 22 years remaining.
11. Interested parties can schedule an appointment with the exclusive agent, Robert Collins, by calling the provided phone numbers.

Management Rights Multiplier: 4.61
ROI Estimate: 21.69%

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

Auchenflower - Short Term Management Rights
Ras360
Auchenflower - Short Term Management...

AUCHENFLOWER

$925,000 - Business Only

Net Income: $284,634
Managers Estate: - - Bed - Bath
Letting Pool: 36
Remuneration: $62,576

Great Business - Not Required to Live On-Site
Next Business & Property Sales
Great Business - Not Required to Live...

STAFFORD

$1,058,000 ONO

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

INVESTOR-LED BUSINESS ONLY MLR COMPLEX INNER-BRISBANE W/ $163K NET PROFIT | Resort Brokers ID : MRB007783
ResortBrokers
INVESTOR-LED BUSINESS ONLY MLR COMPLEX...

WINDSOR

Under Contract / Offer

Net Income: $163,427
Managers Estate: - - Bed - Bath
Letting Pool: 42
Remuneration: $81,320

Exclusive - Rare Investment Opportunity - ID 9160
2.18 Multiplier on the Gold Coast - ID 9166
High End Resort situated in popular tourist destination Airlie Beach | Resort Brokers ID : MR008486
PRIME TOURISM DEVELOPMENT OPPORTUNITY IN STUNNING NSW SOUTH COAST LOCATION | Resort Brokers ID : FH008462
Exclusive - Prime Location With Excellent Growth - ID 9157
Business-Only Opportunity in Brisbane - ID 9165
Cannot find what you’re looking for in today’s market then, Build Your Own! | Resort Brokers ID : FH008480
Exclusive - High Return Management Rights Opportunity - ID 9156
Exclusive - Prime Location Near Sunnybank - ID 9159
Exceptional Management Rights Opportunity in Beautiful Scarborough
Exclusive - High Return Investment Opportunity - ID 9158
Laguna on Hastings -  Building Manager & Letting Agreement
A1 Motel - 1P6181
Calling All Aspiring Homeowners:Guaranteed Income and Work-from-Home Opportunity | Resort Brokers ID : MRC008473
Acquire a Premier Resort on the Sapphire Coast | Resort Brokers ID : FH008457
Rare Opportunity – First Time on the Market in 20 Years
Bella Vista 18 Units Long Lease Offers Considered
Albany Creek Permanent Complex Caretaking only