Milton, Queensland
$197K Net Profit Permanent Management Rights Milton - ID 9100
$1,936,000
Business Description
Permanent Management Rights, Milton QLD
Stable Income, Long Agreements, Quality Residence in Prime Location
- High net profit of $197,211
- 25-year agreement with 21 years remaining
- High, stable Body Corporate salary of $121,884 + GST
- All permanent rentals: 24 in the letting pool, 3 with outside agents
- Extremely convenient location close to Brisbane CBD
- Peaceful setting with easy access to daily amenities
- Quality 2-bedroom, 1-bathroom manager's residence with secure parking, large courtyard, and office on title
This is the perfect combination of flexible high income and a wonderful inner-city lifestyle. Enjoy the convenience of being close to cafes, restaurants, shops, medical centres, pharmacies, hospitals, the river, public transport, premium schools, and major roads.
An exceptional opportunity - don’t miss your chance to secure it!
Net Profit: $197,211
Asking Price: $1,936,000
(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: 1049
Business Summary
Business Snapshot
Price: $1,936,000
Remuneration / Body Corp Salary: $121,884
Managers Unit
Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: YesComplex Information
Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesSauna: YesGym: YesGames Room: YesBBQ Area: Yes
Key Investment Insights
- High net profit of $197,211, providing a stable and lucrative income for the owners
- Long 25-year agreement with 21 years remaining, providing security and stability for the business
- High, stable Body Corporate salary of $121,884 + GST, adding to the overall profitability of the business
- All permanent rentals, with 24 in the letting pool and only 3 with outside agents, ensuring a consistent and reliable income stream
- Convenient inner-city location close to Brisbane CBD, with easy access to daily amenities such as cafes, restaurants, shops, medical centres, and public transport
- Quality 2-bedroom, 1-bathroom manager's residence with secure parking, large courtyard, and office on title, providing comfortable and convenient living for the owners
- Peaceful setting, offering a relaxed and tranquil environment for both residents and managers
- Potential for further growth and development, with premium schools, hospitals, and major roads in close proximity to the complex
- Exceptional opportunity for buyers looking for a flexible high-income business with a desirable inner-city lifestyle.
