Redland Bay, Queensland
Beautiful Bayside Lifestyle and Great Management Rights Business
SOLD
Business Description
- MLR Business at $940,000 for Net Income $195,946 with $116,580 BC remuneration
- Manager Residence is Large Standalone Lowset House at $560,000
- Located in the leafy, Bayside suburb of Redland Bay, about 1km to beach
- Conveniently close to shopping, restaurants, bus station and schools, 5 min walk to IGA Shopping Centre, 5 min ride to Victoria Point Mega Shopping Block, you have Coles, Woolworths, Aldi, Bunnings, Dan Murphy, cinema and all restaurants, everything as you want
- Well- presented complex provides the perfect environment to relax in
- Very well run business, all procedures documented
- Long agreement 19 years left on a 25 years accommodation module
- A great manager remuneration $116,580 with annual adjustment of CPI
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence with large land size
Freestanding single level house, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, one separate toilet, double garage and a large rear patio and entertaining garden area
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
This is a rare opportunity to purchase such a beautiful lifestyle permanent management right!
Come and take a look we are sure you will be impressed!
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
1. Located in a beautiful and desirable bayside suburb with close proximity to the beach.
2. Conveniently close to shopping, restaurants, and other amenities.
3. Well-presented complex with a relaxing environment.
4. Well-run business with documented procedures.
5. Long agreement with 19 years remaining and annual CPI adjustments.
6. Great manager remuneration of $116,580.
7. Low turnover of tenants, minimizing inspections and paperwork.
8. Modern and spacious manager residence with a large land size.
9. Ideal for a family or semi-retired couple looking for a solid income and great lifestyle.
10. Rare opportunity to purchase a lifestyle permanent management right in such a desirable location.
