Loganholme, Queensland
Exclusive - Business Only, NO Facilities in Brisbane Southside - ID 9211
$479,000
Business Description
Permanent Management Rights for Sale
The Best 2nd Income with Extreme Flexibility
- No requirement to purchase real estate
- No requirement to live onsite
- No office hours
- No swimming pool to maintain
- No BBQ area to clean
- No complex gate to manage
- 25-year agreement with 24 years remaining
- Stable body corporate salary of $40,046 plus GST, with annual CPI increases
- Very easy caretaking duties, requiring only a few hours per week
- Prime and popular Brisbane Southside location — close to major highways and all amenities
- Net profit of $87,054
- Modern, newly built complex with very low maintenance
- All permanent rentals with a stable letting pool of 17; only 1 managed by an outside agent
An ideal second income opportunity with outstanding flexibility - one you simply can’t afford to miss!
Net Profit: $87,054
Asking Price: $479,000
For further information or to arrange an inspection of this business opportunity contact:
Exclusive Management Rights Broker
Bill He
Property Code: 1063
Business Summary
Business Snapshot
Price: $479,000
Net Profit: $87,054 Remuneration / Body Corp Salary: $40,046
Managers Unit
Value of Managers Apartment: $479,000Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 years
Key Investment Insights
- Prime and popular Brisbane Southside location, close to major highways and all amenities
- Modern, newly built complex with very low maintenance
- 25-year agreement with 24 years remaining
- Stable body corporate salary of $40,046 plus GST, with annual CPI increases
- All permanent rentals with a stable letting pool of 17; only 1 managed by an outside agent
- Very easy caretaking duties, requiring only a few hours per week
- No requirement to purchase real estate
- No requirement to live onsite
- No office hours
- No swimming pool to maintain
- No BBQ area to clean
- No complex gate to manage
- Net profit of $87,054
- An ideal second income opportunity with outstanding flexibility.
