IPSWICH REGION

Present All Offers - High Netting Permanent Management Rights - ID 9143

$4,400,000

Business Description

Permanent Management Rights For Sale

Unlock a prestigious investment with this newly developed premier management rights opportunity nestled in the rapidly growing city of Ipswich. This property offers discerning investors or owner operators a compelling package of lucrative features and strategic advantages.

Key Features:

Impressive Financial Performance:
- Annual Net Profit: $558,778
- Substantial Body Corporate Salary: Around $250,000
- Manage a high-quality permanent letting pool of 160 out of 182 units, ensuring consistent rental income and high occupancy rate

Operational Flexibility:
- No requirement to live on-site
- No mandated office hours
- Office can be locked off and accessed externally, allowing the residence to be rented out for additional income

Luxurious Living:
- Architecturally designed four-bedroom, standalone managers residence offering a total living area of 169 square meters.
- Attached office space
- Live onsite in luxury or rent out the residence for $650-$700 per week (Approx $35,000 additional annual income)

This management rights opportunity in Ipswich presents an exceptional chance to acquire a highly profitable business in a thriving location. With impressive financial returns, a prime location, and modern amenities, this property is perfect for investors/owner operators seeking strong, reliable returns and operational ease.

Don't miss out on this premier investment opportunity! Contact us today to learn more and secure your future with this prestigious property.

Net Profit: Appx. $558,778
Asking Price: $4,400,000 - Present All Offers
(Inclusive of manager's real estate)

If this unique opportunity interests you and you would like to know more please enquire, more information is available and an inspection can be arranged by appointment only.

Management Rights Broker
Ben Lynn

Business Summary