North Lakes, Queensland

PRIME PICK! SLICK AND WELL-RUN PERMANENT MLR WITH 24 YEAR TERM & $200K P.A. | Resort Brokers ID : MR008353

$1,546,667

Business Description

A top choice for newcomers or experienced managers looking to upsize or expand their income.

This management rights and associated real estate in North Lakes is a sound and smart business investment that gives you a decent income, good security, and plenty of flexibility.

The well-run and beautifully maintained complex will be a breeze to take on, with a supportive committee recently topping up the agreements. It has 24 years on the term and provides a base BC salary circa $130K with 3% annual CPI increase. There are no set office hours and no requirement to live onsite, though you can opt to live in the spacious three-bed manager’s residence if desired or rent it out for extra income.

Either way, with a net of over $200,000 per annum, this is a prime investment opportunity that all buyers should be quick to consider.


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Brand new Caretaking & Letting Agreements with 24 years remaining

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Fully established, permanent MLR with $200,000+ net profit

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No set office hours allowing freedom to operate to meet your needs

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Great BC Salary circa $130,000 p.a. with annual 3% CPI renewal

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Quality onsite facilities of swimming pool with BBQ seating area

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Option to live in or rent outthelarge 3-bed manager’s townhouse

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Supportive committee, good business setup with reliable handover

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Peaceful location with easy access to transport, shops & top schools

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Ideal opportunity forthefamily to earn a big income & live in a great community

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Inspections are by appointment only

Date updated: 10 Oct 2024 13:46:29

Business Summary