Scarborough, Queensland
Exceptional Management Rights Opportunity in Beautiful Scarborough
$1.25M MR & $100k Office = Total $1.35M
Business Description
Discover an exceptional investment opportunity in Scarborough with this management rights business, featuring an office on title. With a net profit exceeding $242,247 and a Body Corporate salary of $212,923 (from a mix of residential and commercial agreements), this business is easy to manage and offers an impressive 17.9% return on investment. There are no office hours or unit purchases required, though the office must be acquired for $100,000. It’s rare to find a complex in Brisbane with such a high return.
- Agreement Term: 17 years remaining on a 25-year agreement.
- Rentals: 14 units
- Body Corporate Salary: $212,923 from a mix of residential ($184,496) and commercial ($28,427) agreements
Located in the picturesque seaside suburb of Scarborough, north of Brisbane, this property is perfectly positioned along a beautiful coastline. Scarborough is renowned for its serene beaches, lively café culture, and strong community spirit, making it a desirable destination for both residents and investors alike.
This rare opportunity is listed by Robert Collins of Ras360 Property Solutions. Don’t miss the chance to secure high-return management rights in this prime location.
**Ras 360 Property Solutions - Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: $1.25M MR & $100k Office = Total $1.35M
Net Profit: $184,496 Remuneration / Body Corp Salary: $212,923
Complex Information
Complex Type: PermanentTotal Units in Complex: 131Total Units in Letting Pool: 14Agreement Term: 25 yearsAgreement Term Remaining: 17 years
Key Investment Insights
1. High return on investment with a net profit exceeding $242,247 and a Body Corporate salary of $212,923.
2. Office on title included in the sale.
3. No office hours or unit purchases required.
4. Located in the desirable seaside suburb of Scarborough, north of Brisbane.
5. Perfectly positioned along a beautiful coastline.
6. Strong community spirit and lively café culture in the area.
7. Listed by Robert Collins of Ras360 Property Solutions.
8. Rare opportunity to secure high-return management rights in a prime location.
9. Complex type is permanent with a total of 131 units.
10. 14 units in the letting pool.
11. Agreement term of 25 years with 17 years remaining.
12. Total sale price of $1.35 million.
13. Complex information includes permanent complex type, 131 units, and 14 units in the letting pool.
14. Listed by Ras360 Property Solutions, a company specializing in management rights, motels, hotels, pubs, and parks.