Meadowbrook, Queensland
Profitable Management Rights & Modern Living in Meadowbrook – Perfect Business & Lifestyle Combo!
$350k MR & $600k Unit = Total $950k
Business Description
Both unit and business price have been substantially reduced to below market value. Owner is now committed else where
Discover the perfect blend of business and lifestyle with the management rights for Meadowbrook Place, a low-maintenance complex in near-new condition. This opportunity includes a spacious and modern 3-bedroom Manager's townhouse featuring a large backyard, perfect for families and pets. The complex is ideally located close to essential amenities such as the hospital, university, and rail, making it a convenient and attractive place to live. Enjoy comfortable living while managing a profitable one-person business.
Economic Highlights of Meadowbrook Suburb:
Meadowbrook is a thriving suburb known for its strong community infrastructure and strategic location. The presence of Logan Hospital and Griffith University Meadowbrook Campus fuels a steady demand for housing, making it a stable investment environment. Excellent public transport links, including the Meadowbrook Train Station, provide easy access to surrounding areas, enhancing the suburb's appeal. Meadowbrook's economic growth is further supported by ongoing development projects, ensuring a promising future for residents and investors alike. this complex will not disappoint
Key Details:
> Nett Profit: $92,000
> Business Price: $350,000 @ 3.8 x
> Unit Price: $600,000
> Total Price: $950,000
> Accommodation Module: 19 years remaining
For more information, please contact Robert Collins, Joint Exclusive Agent, at ---------- or via email at ----------
**Ras 360 Property Solutions - Management Rights |Motels | Hotels | Pubs | Parks ***
Business Summary
Business Snapshot
Price: $350k MR & $600k Unit = Total $950k
Net Profit: $92,318 Remuneration / Body Corp Salary: $63,964
Managers Unit
Bedrooms: 3Bathrooms: 2Car Spaces: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 45Total Units in Letting Pool: 14Owner Occupy Units: 25Outside Agent Units: 4Agreement Term: 25 yearsAgreement Term Remaining: 25 years
Key Investment Insights
1. The business and unit price have been substantially reduced to below market value.
2. The complex is located in a thriving suburb with strong community infrastructure and a strategic location.
3. The presence of Logan Hospital and Griffith University Meadowbrook Campus creates a steady demand for housing, making it a stable investment environment.
4. Excellent public transport links, including the Meadowbrook Train Station, provide easy access to surrounding areas.
5. The economic growth of Meadowbrook is further supported by ongoing development projects.
6. The complex includes a modern and spacious 3-bedroom Manager's townhouse with a large backyard.
7. The complex is close to essential amenities such as the hospital, university, and rail, making it a convenient and attractive place to live.
8. The business is profitable and can be managed by one person.
9. The accommodation module has 19 years remaining.
10. The total price for the business and unit is $950,000.
11. The net profit for the business is $92,000.
12. The remuneration/Body Corp salary is $63,964.
13. The manager's unit has 3 bedrooms, 2 bathrooms, and 2 car spaces.
14. The complex is a permanent type with a total of 45 units.
15. There are 14 units in the letting pool, 25 owner-occupied units, and 4 outside agent units.
16. The agreement term is 25 years with 25 years remaining.
