Fortitude Valley, Queensland

Multiplier 3.11 & Superb Residence Near City - ID 8571

$1,299,000

Business Description

Permanent Management Rights for Sale

Secure Your Future with Stable Income in a Prime Location

- Minimal Workload & Maintenance: Focus primarily on pool upkeep with barely any gardening or other facilities to manage. An effortlessly simple caretaking role.

- Standout Simplicity: Discover the stark ease compared to others; your tasks are straightforward and undemanding.

- Flexible Schedule, No Fixed Office Hours: Continue your current lifestyle while earning a significant supplementary income at your leisure.

- Reliable Income Stream: Benefit from a stable Body Corporate salary of $89,885 plus GST, with a high net profit of $119,885.

- Long-term Security: Enjoy a 25-year agreement, with 19 rewarding years still to come.

Favorable Investment Conditions: Take advantage of a low multiplier of 3.11 in one of Brisbane's most desirable suburbs.

- Lucrative Letting Pool: Manage a select portfolio of 10 permanent rentals, ensuring a steady income.

- Gorgeous Living Space: A modern, spacious 3-bedroom apartment, complete with 2 bathrooms, secure parking for 2 cars, air conditioning, and 3 balconies for an unmatched living experience.

- Elegant Design & Functionality: A vast living area furnished to perfection, alongside an exclusive office space, perfectly blending aesthetics with practicality.

- Prime, Central Location: Situated in a prestigious area, with every conceivable amenity including shops, restaurants, healthcare, public transport, and schools within walking distance.

- Exceptional Value: Offered at $1,299,000, including a stunning 3-bedroom apartment, this opportunity encapsulates luxury living with a promising business venture.

This exceptional opportunity to acquire a thriving business coupled with a magnificent 3-bedroom residence in one of Brisbane's most sought-after locations is truly rare. Seize it today and secure your future in an unparalleled setting. Miss out, and you may spend years wishing you hadn't. Act now to avoid a decade of regret!

Net Profit: $119,885

Asking Price: $1,299,000

(including gorgeous 3-bedroom manager’s unit)

For further information or to arrange an inspection of this Brisbane Management Right business for sale contact:

Management Rights Broker

Bill He

Property Code: 762

Business Summary

Business Snapshot

Price: $1,299,000 Remuneration / Body Corp Salary: $89,885

Managers Unit

Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Three bedrooms, two bathrooms, two car spaces, and three balconies

Complex Information

Complex Type: PermanentTotal Units in Complex: 43Total Units in Letting Pool: 10Owner Occupy Units: 26Outside Agent Units: 6Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: Yes

Key Investment Insights

Minimal Workload & Maintenance: Focus primarily on pool upkeep with barely any gardening or other facilities to manage. An effortlessly simple caretaking role.



- Standout Simplicity: Discover the stark ease compared to others; your tasks are straightforward and undemanding.



- Flexible Schedule, No Fixed Office Hours: Continue your current lifestyle while earning a significant supplementary income at your leisure.



- Reliable Income Stream: Benefit from a stable Body Corporate salary of $89,885 plus GST, with a high net profit of $119,885.



- Long-term Security: Enjoy a 25-year agreement, with 19 rewarding years still to come.



Favorable Investment Conditions: Take advantage of a low multiplier of 3.11 in one of Brisbane's most desirable suburbs.



- Lucrative Letting Pool: Manage a select portfolio of 10 permanent rentals, ensuring a steady income.



- Gorgeous Living Space: A modern, spacious 3-bedroom apartment, complete with 2 bathrooms, secure parking for 2 cars, air conditioning, and 3 balconies for an unmatched living experience.



- Elegant Design & Functionality: A vast living area furnished to perfection, alongside an exclusive office space, perfectly blending aesthetics with practicality.



- Prime, Central Location: Situated in a prestigious area, with every conceivable amenity including shops, restaurants, healthcare, public transport, and schools within walking distance.



- Exceptional Value: Offered at $1,299,000, including a stunning 3-bedroom apartment, this opportunity encapsulates luxury living with a promising business venture.



This exceptional opportunity to acquire a thriving business coupled with a magnificent 3-bedroom residence in one of Brisbane's most sought-after locations is truly rare. Seize it today and secure your future in an unparalleled setting.
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