Nundah, Queensland

MANAGEMENT RIGHTS North Side

$1,364,000

Business Description

Exciting Management Rights Business Opportunity in Brisbane, QLD!
Are you ready to seize your future with enthusiasm? Look no further! This fantastic opportunity awaits in an inner northside suburb of Brisbane, QLD. With 23 years remaining on the accommodation module, this business offers incredible potential in the permanent letting sector.
Situated in a prime location close to a trendy village and excellent schools, this management rights business promises a bright future. The upside potential in the permanent letting business is limited only by your creativity and drive.
Enjoy not only a thriving business but also a generous caretaking salary of $100,000. Featuring a generous three-bedroom Manager's apartment, complete with two bathrooms, two balconies, and two secure basement car parks, this package is designed for comfort and convenience. Plus, enjoy exclusive use of an office space to streamline operations.
Here's a snapshot of what awaits:
- Apartment price: $590,000 (below bank valuation)
- Business price: $774,000 (at a 4.7 multiplier)
- Total: $1,364,000 (negotiable for a qualified buyer)
Don't miss out on this incredible opportunity to secure both a home and a thriving business. Buyers with a full Real Estate license are encouraged to explore this deal further.
Contact your Ras360 Rights Broker today for more details on this exceptional home and business package. Don't let this opportunity slip away!

Agents
Malcolm O'Farrell ---------- or ----------
Robert Collins ---------- or ----------

Business Summary

Business Snapshot

Price: $1,364,000 Net Profit: $170,000 Remuneration / Body Corp Salary: $119,665

Managers Unit

Value of Managers Apartment: $590,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 78Total Units in Letting Pool: 22Owner Occupy Units: 43Outside Agent Units: 13Agreement Term: 25 yearsAgreement Term Remaining: 23 years

Marketing Agent

Malcolm O'Farrell

0423 09....

Robert Collins

Ras360

Key Investment Insights

1. Exciting opportunity in a prime location in an inner northside suburb of Brisbane, QLD
2. 23 years remaining on the accommodation module, providing long-term stability and potential for growth in the permanent letting sector
3. Situated close to a trendy village and excellent schools, offering a desirable location for potential tenants
4. Potential for growth in the permanent letting business with limited limitations
5. Generous caretaking salary of $100,000, providing a stable income for the manager
6. Three-bedroom Manager's apartment with two bathrooms, two balconies, and two secure basement car parks, offering comfort and convenience
7. Exclusive use of an office space to streamline operations
8. Package price of $1,364,000 negotiable for a qualified buyer
9. Buyers with a full Real Estate license are encouraged to explore this opportunity further
10. Contact Malcolm O'Farrell or Robert Collins for more details on this exceptional home and business package.

Management Rights Multiplier: 4.55
ROI Estimate: 21.96%