Labrador, Queensland
Profitable MR in Labrador with long agreement in place | Resort Brokers ID : MR008530
$1,699,000
Business Description
ResortBrokers presents Jabiru Landing – a lucrative Management Rights opportunity in Labrador.
This asset offers a solid body corporate salary of $147,254, contributing to an impressive net profit of $254,618 and supported by a stable letting pool of 30 units,
providing reliable income.
The property features a contemporary three-bedroom manager's residence with minimal maintenance duties, ensuring an ideal work-life balance. Additionally, no onsite office hours are required, giving flexibility in managing this townhouse complex (standard format plan).
With 20 years remaining on the accommodation module, this opportunity presents strong potential for long-term growth.
- Strong net operating profit of $254,618, demonstrating robust financial performance.
- Comfortable three-bedroom, one-bathroom manager’s residence.
- Low-maintenance requirements for lawn, garden, and pool.
- Stable letting pool of 30 units for dependable income.
- No onsite office hours, allowing flexible operation.
- 20-year term remaining on the accommodation module for sustainable growth.
- Inspection by appointment only.
Date updated: 19 Jan 2025 22:00:06
Business Summary
Business Snapshot
Price: $1,699,000
Net Profit: $254,618 Remuneration / Body Corp Salary: $147,254
Managers Unit
Value of Managers Apartment: $600,000Complex Information
Complex Type: PermanentTotal Units in Complex: 80Total Units in Letting Pool: 30Owner Occupy Units: 42Outside Agent Units: 7Agreement Term Remaining: 20 years