Mount Ommaney, Queensland
Huge Remuneration and Small Letting Permanent MR in Brisbane West
$1,698,600
Business Description
Solid Income $216,746 verified by Industry Specialist Accountant
Stylish Manager Residence at $810,000 on latest Valuation by Bank Panel Industry Valuer
Asking $1,785,000 in total for MR Business and Manager Residence
- Great community in a leafy and decent suburb of Mount Ommaney
- Handy locations, close to local major shopping centres
- 10 years left agreements on standard module contracts
- Small letting pool (7 lettings) to give you an undisturbed lifestyle
- Fantastic Body Corporate salary $206,446, with annual increase by CPI
- Very well-run complex and well-established/steady business, all procedures documented
- Modern Manager Unit - 3 bedrooms townhouse with 2 bathroom and extra toilet down- stairs, full kitchen, gas cooking/hot water system, timber floor, big back yard, single garage
- No requirement of residing onsite, manager residence has been tenanted at $600/week
- Spacious separate office, no set office hours
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
Come and take a look, we are sure you will be impressed!
This is a rare opportunity to purchase such a beautiful lifestyle permanent management right!
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
- Located in a leafy and desirable suburb of Mount Ommaney
- Conveniently close to major shopping centres
- Long-term agreements with 10 years remaining
- Small letting pool of only 7 lettings for a low-maintenance lifestyle
- Generous Body Corporate salary of $206,446 with annual CPI increase
- Well-managed complex with established and steady business operations
- Manager's unit is a modern and stylish 3 bedroom townhouse with 2 bathrooms and extra toilet
- No requirement to reside onsite, manager's unit can be tenanted for additional income
- Spacious separate office with no set office hours
- Ideal for a family or semi-retired couple seeking a solid income and great lifestyle
- Rare opportunity to purchase such a beautiful permanent management right.
