Milton, Queensland
All Offers Considered - High Return Business - ID 9100
$2,100,000
Business Description
Brisbane Permanent Management Rights For Sale
Superb Manager's Residence Located in Prominent Inner CBD Suburb
The seller has other business commitments, all reasonable offers will be seriously considered - enquire now!
- High Body Corporate salary $122,085 plus GST
- 25 year Accommodation Module agreement with 21 years remaining
- High net profit of $227,469
- Very close to Brisbane CBD
- Very easy to manage, even for first time operators
- No set office hours with lots of flexibility
- All permanent rentals with 24 in the letting pool, 3 outside agents
- Extremely convenient for daily life and a peaceful environment
- High quality 2 bed, 1 bath manager's residence with secure parking, large courtyard and office on title
- Pet permitted with Body Corporate approval
Here is the best combination of a wonderful city lifestyle along with a flexible high income business. Close to everything including cafes, restaurants, shops, medical centre, pharmacy, hospital, river, public transport, premium schools and major main roads.
This is an opportunity you cannot afford to miss!
Net Profit: $227,469
All Reasonable Offers Considered
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this Brisbane Management Rights buisness for sale contact:
Management Rights Broker
Bill He
Property Code: 696
Business Summary
Business Snapshot
Price: $2,100,000
Net Profit: $122,085 Remuneration / Body Corp Salary: $122,085
Managers Unit
Value of Managers Apartment: $820,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: Yes2 bedroom, 1 bathroom residence, Pet friendly courtyard, Single car accommodation, Office attached and on title
Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesSauna: YesGym: YesGames Room: YesBBQ Area: Yes
Key Investment Insights
Key Insights:
- The seller has other business commitments and is open to all reasonable offers
- High Body Corporate salary of $122,085 plus GST
- 25 year Accommodation Module agreement with 21 years remaining
- High net profit of $227,469
- Very close to Brisbane CBD
- Easy to manage, suitable for first time operators
- No set office hours, offering flexibility
- All permanent rentals with 24 in the letting pool and 3 outside agents
- Convenient location with access to cafes, restaurants, shops, medical facilities, and public transport
- High quality 2 bed, 1 bath manager's residence with secure parking, courtyard, and office on title
- Pet-friendly with Body Corporate approval
Management Rights Multiplier: 10.48
ROI Estimate: 9.54%
