Looking for a business-only management rights-Pavilions on Parkvue is the ticket | Resort Brokers ID : MRC007902
Under Contract / Offer
The 66-unit Pavilions on Parkvue in Brisbane’s southwest suburb of Oxley is an outstanding opportunity to own and operate a business-only management rights in a suburb that was listed as a top Brisbane pick for 2023 by Savings.com.au.
It is now being offered to market for the first time, backed by a caretaking salary of $73,633
- Caretaking-only business in the heart of Brisbane’s booming inner southwest
- 20 years remaining on Accommodation module agreements
- Gross caretaking salary of $73.633 with yearly CPI increases or 3%
- No real estate to purchase - Exclusive use office at the complex for the manager to utilise
- Currently contractors perform the duties and can be retained by new owners if they wish
- Huge storage shed for all your caretaking equipment and supplies
- Inspections by appointment only
Date updated: 01 Dec 2023 00:00:06
Price: Under Contract / Offer
Net Profit: $73,633 Remuneration / Body Corp Salary: $73,633
Complex InformationComplex Type: PermanentTotal Units in Complex: 66Agreement Term Remaining: 20 years
Key Investment Insights1. Business-only management rights opportunity in a highly sought-after location in Brisbane's booming inner southwest.
2. 20 years remaining on Accommodation module agreements, providing long-term stability for the business.
3. Gross caretaking salary of $73,633 with yearly CPI increases or 3%, providing a steady source of income for the manager.
4. No real estate to purchase, as the exclusive use office at the complex is available for the manager to utilize.
5. Current contractors perform the duties and can be retained by new owners if desired.
6. Large storage shed available for all caretaking equipment and supplies.
7. Inspections by appointment only, highlighting the exclusive and private nature of the business.
8. Highly profitable business with a net profit of $73,633.
9. Permanent complex with a total of 66 units, providing a stable and consistent source of income.
10. Opportunity for growth and expansion within the complex and surrounding area.