Fortitude Valley, Queensland

Huge Income >$1.5mil and Large Remuneration >$1.15mil - Permanent MR Business in Brisbane City

Expression of Interest for $1.511mil Nett

Business Description

NEXT Realty is proud to present an exclusive opportunity to acquire the management rights of a rare huge income and large remuneration permanent management rights business in Brisbane, indeed it is a unique opportunity for astute investors seeking stability, growth, and long-term returns.

Key Features

- Well-established permanent MR business in Brisbane City, the Host City of the 2032 Summer Olympics
- Huge Net Income $1,511,500 in the P&L prepared by a professional Industry Accountant
- Fantastic Body Corporate Salary Over $1,150,000, with annual increase by CPI
- Well-run building, well-established business and experienced staff, all procedures documented
- Complex very popular with tenants
- Healthy Body Corporate relationship in place
- Over 20 years long term agreements on a BCCM Accommodation Module
- Spacious office on title on ground floor
- No Manager Residence associated

If you want to buy a large and well-established operation with strong financials management right business, it ticks all your boxes, please book your inspection immediately with Exclusive Agent - NEXT Realty
Inspection by appointment only

Business Summary

Complex Information

Marketing Agent

David Jiang

0481500....

Next Business & Property Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net income of $1,511,500 reported in a profit and loss statement prepared by a professional industry accountant.
2. Body Corporate remuneration exceeds $1,150,000, with annual CPI increases.
3. Management agreements have more than 20 years remaining under the BCCM Accommodation Module.
4. Established permanent management rights business in Brisbane City, host city of the 2032 Summer Olympics.
5. Well run building with experienced staff and documented procedures supports operational continuity.
6. Complex is very popular with tenants and has a healthy Body Corporate relationship.
7. Spacious ground floor office on title, with no associated manager residence.