Milton, Queensland
No Facilities, Business-Only Opportunity in Milton - ID 9197
$280,000
Business Description
Permanent Management Rights for Sale
Huge Potential to Increase Income
- No need to purchase real estate
- No requirement to live onsite
- No office and no set office hours
- Minimal garden maintenance required
- No swimming pool to maintain
- No BBQ area to clean
- 25-year agreement with 22 years remaining
- Strong income growth potential
- Stable Body Corporate salary of $39,425 + GST, increasing annually with CPI
- Simple caretaking duties requiring very few hours
- Prime central location near Brisbane CBD
- All permanent rentals with a letting pool of only 5 units, plus 19 under outside agents—huge potential to grow rental income
- Net profit of $48,107
- Asking price: only $276,000
Super simple business-only opportunity you can’t afford to miss!
Net Profit: $48,107
Asking Price: $280,000
For further information or to arrange an inspection of this business opportunity contact:
Management Rights Broker
Bill He
Property Code: 1012
Business Summary
Business Snapshot
Price: $280,000
Net Profit: $48,107 Remuneration / Body Corp Salary: $39,425
Complex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 years
Key Investment Insights
- Prime central location near Brisbane CBD, making it a desirable location for tenants
- 25-year agreement with 22 years remaining, providing long-term stability for the business
- All permanent rentals with a letting pool of only 5 units, plus 19 under outside agents, offering potential for growth in rental income
- Strong income growth potential, providing opportunity for increased profits
- Stable Body Corporate salary of $39,425 + GST, increasing annually with CPI, ensuring a steady income for the business
- Simple caretaking duties requiring very few hours, allowing for a manageable workload
- No need to purchase real estate, reducing initial investment costs
- No requirement to live onsite, providing flexibility for the owner
- No office and no set office hours, allowing for a more flexible work schedule
- Minimal garden maintenance required, reducing maintenance costs and workload
- No swimming pool to maintain, saving time and money on upkeep
- No BBQ area to clean, reducing maintenance and cleaning duties
- Net profit of $48,107, providing a strong return on investment
- Asking price of only $276,000, making it an affordable opportunity for potential buyers.
