Kangaroo Point, Queensland

Business For Sale - Business Only MR - Kangaroo Point - ID 9004 BL

$233,000

Property Description

Brisbane Management Rights
What's Not To Like?

- Inner city genuine business only opportunity
- No real estate to purchase
- No requirement to live onsite
- Minimal caretaking duties with no pool or BBQ area
- Solid 10 year standard module agreement in place
- Co-operative body corporate committee and strong sinking fund
- Would suit first time manager or a perfect add on to your existing portfolio

Situated high and dry in beautiful Kangaroo Point. With minimal caretaking duties and a small letting pool, this is the perfect starter business or portfolio add-on. With the current manager's motivated to move on, this is your opportunity to secure a solid, profitable business with indexed income growth built-in. Don't miss out!!

Net Profit: $48,621
Asking Price: $233,000

For further information or to arrange an inspection of this Brisbane Management Rights opportunity contact:

Management Rights Broker
Peter Ross

Property Summary

Business Snapshot

Price: $233,000 Net Profit: $48,621 Remuneration / Body Corp Salary: $40,600Body corp salary review: CPI Annually

Managers Unit

No real estate to purchase with this business

Complex Information

Complex Type: PermanentTotal Units in Complex: 22Total Units in Letting Pool: 5Permanent Units: 5Owner Occupy Units: 15Outside Agent Units: 2Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 years
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