Milton, Queensland

All Offers Considered - High Return Business - ID 9100

$1,750,000

Business Description

Brisbane Permanent Management Rights For Sale
Superb Manager's Residence Located in Promiment Inner CBD Suburb

The seller has other business committments, all reasonable offers will be seriously considered - enquire now!

- High Body Corporate salary $120,082 plus GST

- 25 year Accommodation Module agreement with 22 years remaining

- High net profit of $172,112

- 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 30 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: $172,112
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: $1,750,000 Net Profit: $172,112 Remuneration / Body Corp Salary: $120,082

Managers Unit

Value of Managers Apartment: $690,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: Yes

2 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: 22 yearsPool: YesSpa: YesSauna: YesGym: YesGames Room: YesBBQ Area: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

Key Insights:
- The seller is motivated to sell and is open to considering all reasonable offers.
- The business has a high Body Corporate salary of $120,082 plus GST.
- The Accommodation Module agreement has a remaining term of 22 years.
- The business has a high net profit of $172,112.
- The location is very close to Brisbane CBD.
- The business is easy to manage, even for first-time operators.
- There are no set office hours, allowing for flexibility.
- The business has a stable income with all permanent rentals and only 3 outside agents.
- The location offers a convenient and peaceful environment.
- The manager's residence is of high quality with 2 bedrooms, 1 bathroom, and a secure parking space.
- Pets are permitted with Body Corporate approval.
- The business offers a great combination of a city lifestyle and a high-income opportunity.
- The location is close to amenities such as cafes, restaurants, shops, and schools.
- The business has a net profit of $172,112 and is priced at $1,750,000, with the manager's real estate included.

Management Rights Multiplier: 6.16
ROI Estimate: 16.24%