Manly West, Queensland

Bayside Real Estate Prices Are Increasing - ID 8328

$935,000

Business Description

Brisbane Management Rights For Sale
Caretaking Only Opportunity

- Located to the east of Brisbane CBD

- Close to all amenities

- Permanent complex of 42 duplexes and townhouses

- Easy to manage caretaking only business

- No office hours

- No real estate licence required

- Fully renovated 3 bedroom manager's villa

- Office attached and on title

This management rights business presents a great opportunity for a newcomer to the industry or for someone who enjoys flexible employment elsewhere. Great bayside location.

Net Profit: $63,030
Asking Price: $935,000
(Inclusive of Manager's Real Estate)

For further information or to arrange an inspection of this Brisbane Management Rights business for sale contact:

Management Rights Broker
Peter Ross

Property Code: 500

Business Summary

Business Snapshot

Price: $935,000 Net Profit: $63,030 Remuneration / Body Corp Salary: $69,336

Managers Unit

Value of Managers Apartment: $735,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Standalone 3 bedroom villa, Spacious master bedroom with ensuite, Large family bathroom with new fittings, Double lock up garage, Fresh paint throughout, New kitchen appliances and island bench, New carpets, Open plan living and dining area which leads out onto an undercover entertaining area and large courtyard, Air conditioning, Ceiling fans, Pets permitted with Body Corporte approval, Attached office on title

Complex Information

Complex Type: CaretakerTotal Units in Complex: 42Owner Occupy Units: 34Outside Agent Units: 7Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 15 yearsPool: Yes
Marketing Agent

Key Investment Insights

1. The business is located in a desirable bayside location to the east of Brisbane CBD.
2. The complex is close to all amenities, making it convenient for residents.
3. The complex consists of 42 duplexes and townhouses, providing a stable and consistent income.
4. This is a caretaking only business, meaning there are no office hours and no real estate license is required.
5. The manager's villa has been fully renovated and includes a 3 bedroom residence and attached office on title.
6. The net profit for the business is $63,030, providing a solid return on investment.
7. The asking price of $935,000 includes the manager's real estate.
8. This business presents a great opportunity for a newcomer to the industry or for someone looking for flexible employment elsewhere.
9. The complex is managed under an accommodation agreement module with 15 years remaining.
10. The complex includes a pool for residents to enjoy.

Management Rights Multiplier: 3.17
ROI Estimate: 31.52%

Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights, Resorts For Sale

You may also like

Highland Ridge: Your Gateway to Rewarding Management Rights in Manly West | Resort Brokers ID : MR007886
ResortBrokers
Highland Ridge: Your Gateway to Rewarding...

MANLY WEST

$976,000

Net Income: $103,000
Managers Estate: $580,000 3 Bed 2 Bath
Letting Pool: 10
Remuneration: $86,642

Sunny Life and Stable Business @ Brisbane Inner East!
Next Business & Property Sales
Sunny Life and Stable Business @ Brisbane...

MORNINGSIDE

$850,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Down Town Morningside
Ras360
Down Town Morningside

140 Baringa Street MORNINGSIDE

Under Contract / Offer

Net Income: $105,000
Managers Estate: $750,000 3 Bed 3 Bath
Letting Pool: 40
Remuneration: $77,615

Moving from Interstate - Need a Job? - Grab this One!!
Next Business & Property Sales
Moving from Interstate - Need a Job? - Grab...

WYNNUM

Under Contract / Offer

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Streaky Bay Islands Caravan Park
Substantial CBD investment
Exclusive - NO REQUIREMENT to Live Onsite & Extra Rental Income – ID 9129
Majestic Ocean Views - ID 8423
AN OUTBACK MOTEL AND CARAVAN PARK OASIS WITH SOLID RETURNS - 1437ML
Exclusive - Navigate Towards Success in Hervey Bay- ID 9127
NOP $315K BUSINESS-ONLY MLR PORTFOLIO WITH NO COMMON FACILITIES | Resort Brokers ID : MRB008205
Outrigger: Where Hospitality Meets Profitable Waves, Surging with Over $377k in Net Profit!
Ill Health Requires Sale - Performing Very Well
Unlock Robina's Location: Net Profits over $141,000 in a Vibrant Business Hub!
Money Maker Holiday Park Close to Town Centre
Retiring Seller - Owner Must Sell!
Prime Business Only Fortitude Valley Management Rights: Lucrative Opportunity Awaits! 🌟
POPULAR REGIONAL MOTEL LEASEHOLD - 1642ML
$511K Net, No Pool, No Garden – ID 9134
EXCEPTIONAL LIFESTYLE WITH A SIMPLE COMMUNITY BASED COUNTRY PUB IN THE MIDDLE OF TOWN - 52HF
Terminus Hotel
Brassall Retirement Village. very low multiplier