Richlands, Queensland

Permanent, Big Nett Income, Big Remuneration in Brisbane Southwest Suburb

SOLD

Business Description

Richlands is situated approximately 15 kilometres from the Brisbane CBD and occupies a prime position within South East Queenslands western growth corridor, arguably one of the south-western corridors most accessible suburbs. Richlands is located at the cross over of the Ipswich Motorway M7, Centenary Motorway M5 and direct access to the Logan Motorway, Brisbane Airport and the Port of Brisbane.

- Located in sought after and leafy Southwest suburb of Richlands with all the big name retailers on your doorstep; Short walk to Richlands Plaza and Woolworth in minutes, close to all the necessary amenities, dining, shopping, beauty&health and an easy stroll to Richlands Train Station; 15 min ride to Sunnybank Hills; 20 min to Garden City Westfield; 25 min to South Bank Parklands
- Well presented complexes
- Big nett income $272,345 annually
- Permanent management rights business
- Very well run business, all procedures documented
- No set office hours and well-presented on title office
- Investor complex in rental area, less owner-occupiers
- Body Corporate very good and supportive to work with
- Long agreement, still 23 years and 21 years left on agreements
- Great manager remuneration $130,387 with annual adjustment of CPI
- Complex very popular with renters, since ideal location and good rental
- Two spacious manager units, First - three bedrooms, two bathrooms, single garage and attached on title office; Second - three bedrooms, two bathrooms, double garage
-Extra rental income on second manager unit about $19,760 annually

Simply, Neat and Tidy! Come and take a look we are sure you will be impressed!!! Please book your inspection with NEXT exclusive agents.

Business Summary

Complex Information

Marketing Agent
David Jiang
David Jiang

Next Business & Property Sales

Next Business & Property Sales

Key Investment Insights

AI generated. Confirm details with the seller.

- Located in sought after and leafy Southwest suburb of Richlands with all the big name retailers on your doorstep; Short walk to Richlands Plaza and Woolworth in minutes, close to all the necessary amenities, dining, shopping, beauty&health and an easy stroll to Richlands Train Station; 15 min ride to Sunnybank Hills; 20 min to Garden City Westfield; 25 min to South Bank Parklands
- Well presented complexes
- Big nett income $272,345 annually
- Permanent management rights business
- Very well run business, all procedures documented
- No set office hours and well-presented on title office
- Investor complex in rental area, less owner-occupiers
- Body Corporate very good and supportive to work with
- Long agreement, still 23 years and 21 years left on agreements
- Great manager remuneration $130,387 with annual adjustment of CPI
- Complex very popular with renters, since ideal location and good rental
- Two spacious manager units, First - three bedrooms, two bathrooms, single garage and attached on title office; Second - three bedrooms, two bathrooms, double garage
- Extra rental income on second manager unit about $19,760 annually
- Simply, Neat and Tidy! Come and take a look we are sure you will be impressed!!!
- Book your inspection with NEXT exclusive agents.
Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

STAY UP TO DATE

Receive new listing alerts

Sign up

Industry news from AccomProperties

Similar Management Rights For Sale

You may also like

Modern Complexes with Strong Income & Potential for Future Growth
Off-the-Plan Management Rights Opportunity in Stones Corner
A Rare Chance to Own Two Businesses and Embrace a great Way of Life
Huge 9.5 acre Caravan Cabin park.
$720K+ Net - established permanent portfolio in Kangaroo Point | Resort Brokers ID : MR009403
Albury Gardens Lifestyle Estate
Prime Location - Own a Proven Motel Business
THERE'S A FAMILIAR RING TO 'HAVE AND TO HOLD' - 2914MF
Waterfront address. Fully occupied. Fully Completed.
Hotel Sophia Melbourne
THE ONLY STANDALONE MOTEL IN TOWN, A RARE FREEHOLD OPPORTUNITY - 419MF
Rare Caretaking-Only Management Rights – 100% Body Corporate Remuneration | Resort Brokers ID : MRB009400
INCREDIBLY PRICED 4-BED HOME / HIGH NET PROFIT / HIGH ROI | Resort Brokers ID : MR009409
EXTRAORDINARY OPPORTUNITY RENOVATED 10 ROOM HOTEL & RESTAURANT, BAR & BOTTLESHOP
NSW LEASEHOLD OPPORTUNITY, 27 ROOMS, 22 YEAR LEASE - 1640ML
Exclusive - No Onsite Living Required - Exceptional 3.30 Multiplier! - ID 7970
CENTRAL QLD COASTAL FREEHOLD MOTEL - 2917MF
Landmark business sale: Armatree Hotel