Rockhampton, Queensland

Blue Chip Permanent Management Rights in Australia's Beef Capital City Hot Spot - 1P4271MR

Management Rights $980,000

Property Description

EXCLUSIVE TO CRE BROKERS. Rock-solid Management Rights located at Rockhampton East. And Rockhampton is booming! The city is on-trend to a population of 115,000.

Features include:

. Swimming pool, Basket Ball Half Court, BBQ, Secure Gated Site
. Two bedroom Manager's residence above the generous office reception
. All units with under cover parking
. Secure CPI indexed salary until November 2042
. Salary, 86.6% of Net Profit
. 100% occupancy
. Back to back rentals
. Grow the business
. Two person business, work at your own pace
. Genuine COVID proof business
. Additional 4 bedroom, 2 bathroom home may be purchased for only $420,000

MANAGER'S RESIDENCE : 2 Bedroom, First Floor Apartment

TOTAL NUMBER OF UNITS : 70
UNITS IN LETTING POOL : 50
NET PROFIT : $210,000

REAL ESTATE PRICE : $320,000
BUSINESS PRICE : $660,000
TOTAL ASKING PRICE : $980,000
TOTAL ASKING PRICE WITH ADDITIONAL HOME : $1,400,000

Property Summary

Business Snapshot

Price: Management Rights $980,000 Net Profit: $210,000

Managers Unit

Value of Managers Apartment: $320,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: n/aTotal Units in Complex: 70Total Units in Letting Pool: 50Permanent Units: 50Owner Occupy Units: 6Outside Agent Units: 12Lockup Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 21 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes

Other Features / Notes

A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS
Marketing Agent
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

UNIQUE Management Rights Rockhampton (Great Tenants) Same managers 17 years
Business Brokers Network Australia
UNIQUE Management Rights Rockhampton (Great...

ROCKHAMPTON

$960,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

CARETAKING BUSINESS IN PRIME LOCATION | Resort Brokers ID : MR007017
Best buy Boutique freehold going concern motel | Resort Brokers ID : FH007028
Central Qld Motel Lease
Business For Sale - Off the Plan Now Completed - ID 8792 BL
Launceston CBD, Award Winning AAA 4 Star 37 Room Motel, Parking, Views Coming Soon
1260MF - BIG REGIONAL CITY FREEHOLD MOTEL WITH PLENTY TO OFFER
this business has the perfect lifestyle balance - work a little, leisure a lot | Resort Brokers ID : MR007021
Coastal Luxury Accommodation | Resort Brokers ID : FH007022
MODERN HIGH-RISE BUSINESS ONLY MANAGEMENT RIGHTS IN TOOWONG | Resort Brokers ID : MRB007009
2683ML - GREAT FIRST TIME MOTEL
Cooma Hotel, VIC - 1P0095
Barham Hotel NSW - 1P0096
PRIME HIGH NET BEACHSIDE RESORT ON QUEENSLAND SUNSHINE COAST | Resort Brokers ID : MR007026
Magnificent Armidale Leasehold Motel | Resort Brokers ID : LH007023
800MI - A SUPER MOTEL PASSIVE INVESTMENT!
Business For Sale - Exquisite Location - Close to Famous Beaches - ID 9036 H
Mudgeeraba/Robina Permanent-live off site
2610ML - A MOTEL LEASEHOLD WITH THE LOT