Milton, Queensland

High Net, Low-Effort Business - ID 9100A

$1,550,000

Business Description

Permanent Management Rights
Low Multiplier in Milton

- High and reliable Body Corporate salary: $121,884 + GST

- Net profit: $130,432

- Caretaking only – no letting duties required

- 25-year agreement with 21 years remaining

- Simple, low-maintenance caretaking responsibilities

- Prime inner-city Brisbane location – Milton, close to everything

- Quality 2-bedroom, 1-bath manager's residence with secure parking, large courtyard, and office on title

Don’t miss this rare opportunity for secure income and low-maintenance work in a prime Brisbane location. A smart, simple business with excellent lifestyle appeal.

Net Profit: $130,432
Asking Price: $1,550,000
(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: 1053

Business Summary

Business Snapshot

Price: $1,550,000 Net Profit: $130,432 Remuneration / Body Corp Salary: $121,884

Managers Unit

Value of Managers Apartment: $850,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term Remaining: 21 yearsPool: YesSpa: YesSauna: YesGym: YesGames Room: YesBBQ Area: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

- High and reliable Body Corporate salary of $121,884 + GST
- Net profit of $130,432
- Caretaking only – no letting duties required
- 25-year agreement with 21 years remaining
- Simple, low-maintenance caretaking responsibilities
- Prime inner-city Brisbane location in Milton
- Quality 2-bedroom, 1-bath manager's residence with secure parking, large courtyard, and office on title
- Rare opportunity for secure income and low-maintenance work
- Excellent lifestyle appeal
- Asking price of $1,550,000 (inclusive of manager's real estate)
- Manager's unit valued at $850,000
- 2 bedrooms, 1 bathroom, 1 car space, and office on title
- Pets allowed
- Complex type: permanent
- Agreement module: accommodation
- Complex amenities include pool, spa, sauna, gym, games room, and BBQ area.

Management Rights Multiplier: 5.37
ROI Estimate: 18.63%