Milton, Queensland

ESTABLISHED MR IN MILTON WITH HIGH $680k+ NET PROFIT | Resort Brokers ID : MR008218

Under Contract / Offer

Business Description

ResortBrokers presents an outstanding opportunity to secure a thriving management rights asset in Milton's vibrant core close to key amenities, transport, and education. The property is zoned as a Brisbane corporate hotel, a unique feature that prohibits owner-occupiers, ensuring a consistent revenue stream. The property is designed for ease of management, with minimal facilitates, no lawns to mow, and easily maintained gardens.

This lucrative business is backed by a strong body corporate salary of $130k+ and shows an incredible $680k+ net profit and still has plenty of upside for a good operator to increase the bottom line substantially, get in touch today to secure this outstanding business.

- High Net profit and strong BC salary
- Consistently high occupancy levels
- 73 units in the letting pool
- Strategically positioned close to all amenities
- 2-bedroom, 2-bathroom manager's unit
- Features an on-title office and reception
- Multiple storage areas on occupational authority
- No gardens or lawns to maintain
- All inspections by appointment only
Date updated: 01 Nov 2024 00:00:06

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $683,916 Remuneration / Body Corp Salary: $130,358

Managers Unit

Value of Managers Apartment: $725,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 74Total Units in Letting Pool: 73Agreement Term Remaining: 16 years
Marketing Agent
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Newly Converted FHGC Motel in Central Manukau City
Rare Wynnum Business Only Management Rights - $101k+ net profit | Resort Brokers ID : MRB008510
Circa 1928
Devine DeVille, a prime mixed Management Rights footsteps from the beach. | Resort Brokers ID : MR008491
FREEHOLD - Murrayland Holiday Apartments, Mildura VIC - 1P0472
Large $500k Perm Management Rights Coomera ROI% over 13.8%
Large Income, Huge Remuneration, Business Only Permanent GEM in Southside Brisbane
Business Only, 5% Remuneration Increase, 24 Years Permanent @ Inner City East
A Great Starting Opportunity Into The Motel Industry - 2642ML
Acquire a Prime Investment in stunning Hervey Bay! | Resort Brokers ID : MR008508
Iconic Australian Hotel Winton – Liquidator Sale, Expressions of Interest | Resort Brokers ID : INV008514
Prime Mangement Rights Opportunity in Northern GC growth corridor - NOP $449K+ | Resort Brokers ID : MR008501
High-Yield Management Rights Opportunity on Chevron Island
Easy Care Complex in Capalaba - Business Only
Robina Permanent Management Rights with Stunning Residence
Rare Opportunity For Hands-On Operator - 2851ML
Iconic Island Resort – Your Perfect Tropical Business
Waterfront, New 35 Year Lease, High ROI in Hervey Bay