Manly West, Queensland
Solid, Lifestyle, Permanent GEM in Bayside Brisbane
SOLD
Business Description
This is an outstanding opportunity to buy management rights centrally in Manly West on the ever-popular Brisbane Bayside. Located close to major arterial roads, trains and bus transport providing easy access to the Wynnum/Manly Esplanade/Cleveland, CBD and the Port of Brisbane, Airport and Gateway Motorway.
The community is an immaculately presented residential community, located in a quiet spot just off Wondall Road, Manly West. Walking to Wondall Road Village and within footsteps of popular cafes, restaurants, public transport, and quality schools close by; Short riding to Manly Harbour, Wynnum Jetty.
• Centrally located in the Leafy suburb of Wellington Point, Brisbane Bayside
• Solid Permanent MR with Net Income $196,735
• Great manager remuneration $153,106 with annual adjustment of CPI every January
• 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 24 years left on a 25 years accommodation module
• Small letting pool to give you an undisturbed lifestyle
• The turnover of tenants is very low, keeping inspections and paperwork to a minimum
• Modern and fantastic manager residence
Large lowset residence, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, single garage with additional driveaway parking and a large rear patio and entertaining backyard area
• Well-presented on-title detached office
• Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
If you want to buy a solid management right business and beautiful lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.
Business Summary
Key Investment Insights
1. Centrally located in the popular Brisbane Bayside area, with easy access to major transport routes and amenities.
2. Solid permanent management rights business with a net income of $196,735.
3. Manager remuneration of $153,106 with annual CPI adjustments.
4. Immaculately presented residential community with a quiet and peaceful atmosphere.
5. Well-run business with documented procedures and a supportive Body Corporate.
6. Long agreement with 24 years remaining on a 25-year accommodation module.
7. Small letting pool, allowing for a more relaxed and undisturbed lifestyle.
8. Low turnover of tenants, minimizing inspections and paperwork.
9. Modern and spacious manager's residence with a large backyard and entertaining area.
10. On-title detached office, well-presented and convenient for business operations.
11. Ideal for a family or semi-retired couple looking for a solid income and great lifestyle.
