Marsden, Queensland
Large Income, Huge Remuneration, Business Only Permanent GEM in Southside Brisbane
SOLD
Business Description
Large Business Only Permanent MR with Nett $339,847, Asking $2,158,000
Great Residence House Asking for $650,000, it is optional
- Centrally located in the Leafy suburb of Marsden, Brisbane Southside
- Well- presented and quality townhouses 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
- Huge manager remuneration $175,228 with annual adjustment of CPI
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence - Optional to Buy
Large standing alone two storey house, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, one separate toilet, double garage and a large rear patio and entertaining backyard area
- Well-presented on-title office, no office hour
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
If you want to buy a large and solid management right business in Southside Brisbane, it ticks all your boxes, please book your inspection immediately with Exclusive Agency - NEXT!
Business Summary
Key Investment Insights
1. Nett profit $339,847, asking price $2,158,000, business-only sale.
2. Optional well-presented manager residence available, asking $650,000.
3. Manager remuneration $175,228 with annual CPI adjustments, indicating strong owner income.
4. Long accommodation agreement remaining, 24 years left on a 25-year module, providing tenure security.
5. Centrally located in the leafy suburb of Marsden, Brisbane Southside, offering suburb appeal.
6. Low tenant turnover, reducing inspection frequency and administrative workload.
7. Well-presented, quality townhouse complex, conducive to relaxation and tenant satisfaction.
8. Body corporate described as very supportive, facilitating operational cooperation.
9. Business is very well run with all procedures documented, aiding transition and consistency.
10. On-title office included, with no specified office hours requirement, allowing operational flexibility.
11. Manager residence features: large two-storey house, big living/dining area, spacious family room, modern open-plan kitchen, three bedrooms, two bathrooms, separate toilet, double garage and large rear patio/entertaining backyard.
12. Positioned as suitable for a family or semi-retired couple seeking solid income and lifestyle, indicating buyer profile fit.
