Nundah, Queensland

ONLY 3.16 Multiplier in Nundah - ID 9146

$1,399,000

Business Description

Permanent Management Rights for Sale
Genuine Retirement Opportunity & Quality 3-Bedroom Townhouse

Can you believe it? What a bargain! It’s REAL and a fantastic business opportunity with nothing wrong.

Genuine retirement of the senior manager, who has built a solid foundation for the next manager to achieve stable success.

- High body corporate salary: $118,725 plus GST, with annual CPI increases.

- Net operating profit: Approximately $182,656.

- No set office hours: All permanent rentals with a letting pool of 27 units.

- Long 25-year agreement with 22 years remaining.

- Supportive and friendly committee and body corporate.

- Additional income opportunities for a proactive new manager.

- Renovated, quality townhouse featuring 3 bedrooms, 2 bathrooms, and 2 car spaces.

- Thoughtfully designed and well-maintained property with a large, beautiful backyard perfect for relaxation.

- Air-conditioned with multiple fans to ensure year-round comfort.

- Super convenient location: Close to restaurants, shopping centres, train station, bus stops, major roads, and quality schools—all within walking distance—yet situated in a peaceful, serene setting.

- Total asking price: Only $1,399,000, including the quality 3-bedroom townhouse.

If you're looking for a high, stable income with excellent potential for additional earnings, combined with quality townhouse living, this is an opportunity you can’t afford to miss. Call now to learn more!

Net Profit: $182,656
Asking Price: $1,399,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Brisbane Management Right business for sale contact:

Management Rights Broker
Bill He

Property Code: 940

Business Summary

Business Snapshot

Price: $1,399,000 Net Profit: $182,656 Remuneration / Body Corp Salary: $118,725

Managers Unit

Value of Managers Apartment: $820,000Bedrooms: 3Bathrooms: 2Car Spaces: 2

Renovated quality townhouse with 3 bedrooms, 2 bathrooms, and 2 allocated parking spaces.

Complex Information

Complex Type: PermanentAgreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesBBQ Area: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

1. High body corporate salary of $118,725 plus GST, with annual CPI increases.
2. Net operating profit of approximately $182,656.
3. No set office hours, as all rentals are permanent with a letting pool of 27 units.
4. Long 25-year agreement with 22 years remaining.
5. Supportive and friendly committee and body corporate.
6. Additional income opportunities for a proactive new manager.
7. Renovated, quality townhouse featuring 3 bedrooms, 2 bathrooms, and 2 car spaces.
8. Thoughtfully designed and well-maintained property with a large, beautiful backyard perfect for relaxation.
9. Air-conditioned with multiple fans to ensure year-round comfort.
10. Super convenient location, close to amenities such as restaurants, shopping centres, train station, bus stops, major roads, and quality schools.
11. Total asking price of only $1,399,000, including the quality 3-bedroom townhouse.
12. High, stable income with excellent potential for additional earnings.
13. Quality townhouse living for the manager.
14. Genuine retirement of the senior manager, providing a stable foundation for the next manager's success.

Management Rights Multiplier: 3.17
ROI Estimate: 31.55%