Kallangur, Queensland

Business Only, No Pool, No Gate! Solid Permanent MR Business in Brisbane Northside

$1,820,000

Business Description

- Asking $1,820,000
- Large Income $313,798, verified by industry specialist accountant
- Centrally located in the Leafy suburbs of Kallangur and Petrie, Brisbane Northside
10-minute drive to IKEA, North Lakes Westfield Shopping Mall, Costco, Bunnings and many more outlets.
25-minute drive to Brisbane Airport
30-minute drive to Brisbane CBD
- Two MRs in One for Sale, with a distance of 7 min riding, very handy
- Well- presented complex provides the perfect environment to relax in
- Very well-run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 22+ years left on a 25 years accommodation module
- Great remuneration $174,703 with annual adjustment of CPI
- 49 lettings in the pool in total
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- No Gate, no Pool, no BBQ
- No Office Hours
- No Real Estate Associated

Book your private inspection with David Jiang from NEXT Realty!

Business Summary

Complex Information

Marketing Agent
David Jiang
David Jiang

Next Business & Property Sales

Next Business & Property Sales

Key Investment Insights

AI generated. Confirm details with the seller.

- Located in the leafy suburbs of Kallangur and Petrie, Brisbane Northside
- 10-minute drive to popular shopping destinations such as IKEA, North Lakes Westfield Shopping Mall, Costco, and Bunnings
- 25-minute drive to Brisbane Airport
- 30-minute drive to Brisbane CBD
- Two MRs in one for sale, with a distance of 7 minutes riding between them
- Well-presented complex with a relaxing environment
- Well-run business with documented procedures
- Supportive and fantastic Body Corporate
- Long agreement with 22+ years left on a 25-year accommodation module
- Great remuneration of $174,703 with annual CPI adjustments
- 49 lettings in the pool
- Low turnover of tenants, minimizing inspections and paperwork
- No gate, pool, or BBQ facilities
- No office hours
- No real estate associated with the business.
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

Waterfront off-the plan MR - $620,000K projected net profit | Resort Brokers ID : OTP009138
ResortBrokers
Waterfront off-the plan MR - $620,000K...

REDCLIFFE

Expressions Of Interest

Net Income: $331,255
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

$248,988 Net - Multiplier 3.97 In North Lakes - ID 9115
MR Sales
$248,988 Net - Multiplier 3.97 In North...

NORTH LAKES

Mid to high 1 million

Net Income: $248,988
Managers Estate: $660,000 2 Bed 2 Bath
Letting Pool: -
Remuneration: $154,738

Lifestyle and Income Without the Live Onsite Requirement
The Hydro Majestic
Long Agreements. No Set Office Hours. Prime Benowa Location
Albury City Motel – high-performing leasehold with 27-year tenure
ABSOLUTE BEACHFRONT - GENUINE LIFESTYLE FLEXIBILITY, LIVE ONSITE OR OFFSITE | Resort Brokers ID : MR009331
COUNTRY CHARACTER. PROVEN BUSINESS. POTENTIAL PLUS - 155HF
Permanent Management Rights with Dual Income Streams
RARE FREEHOLD HOSPITALITY OPPORTUNITY IN ORANGE’S GROWING EASTERN CORRIDOR - 153HF
Riverfront Prestige. Blue-Chip Income. Brisbane's Best Lifestyle.
Premium Holiday Management Rights in the Heart of Airlie Beach
A Rare Coastal Development Opportunity – DA Approved with Holding Income | Resort Brokers ID : FH009329
High performing motel strategically positioned in NQ's leading economic region | Resort Brokers ID : LH009328
'YUNGABA' KANGAROO POINT - IMPECCABLE RIVERSIDE PERMANENT RIGHTS $500K+ NET | Resort Brokers ID : MR009319
Last of the Front Row Sections — Build your Dream Home at Terrace Downs
https://heroproperty.co.nz/property/exquisite-high-country-luxury-fable-terrace-downs-resort/
Rare Central City Hotel Opportunity
Coastal Management Rights — Prime Holiday Resort Location Coolum
Rare Beachfront Holiday Management Rights Opportunity