Seven Hills, Queensland

Business For Sale - 136 Unit Off The Plan Development in Seven Hills - ID 9073 BL

Under Contract / Offer

Business Description

Permanent Management Rights For Sale
Only 15 Minutes to Brisbane

- Development includes both townhouses and apartments (3 towers)
- 5 pools, communal lounges, gym, secure parking
- Salary $149,177 cpi indexed
- Recently completed adjoining 38 units complex is also for sale (4 BR manager's unit)
- Abundance of nearby shopping and dining
- Easy walk to 50-acre bushland reserve
- Manager's apartment has 2 BR, 2 bathrooms

Currently under construction and due for completion mid-2023.

Located in a central area with a strong rental market, this promises to be an extremely stable business.

The adjacent management rights has recently been completed. This one has a 4 BR residence and would be a good addition for a buyer seeking a larger business and residence

Net Profit: No projections provided.
Asking Price: $1,627,000
(Inclusive of manager's real estate)

For further information on this Brisbane Management Rights for sale contact:

Management Rights Broker
Gerard Dixon

Business Summary

Managers Unit

Value of Managers Apartment: $747,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Pets OK: Yes
Spacious apartment, two-bedrooms, two-bathrooms, manufactured stone tops, powder room, modern fixtures, instantaneous HWS, open plan living, large balcony

Complex Information

Complex Type: n/aTotal Units in Complex: 136Agreement Module: AccommodationAgreement Term: 25 yearsPool: YesGym: Yes
Marketing Agent

Key Investment Insights

1. The development includes a mix of townhouses and apartments, providing a diverse range of potential tenants.
2. The complex offers a range of amenities, including 5 pools, communal lounges, and a gym, which will attract tenants and add value to the property.
3. The salary for the management rights is $149,177 and is indexed to CPI, providing a stable income for the manager.
4. The adjacent 38-unit complex is also for sale, providing an opportunity for a buyer to expand their business and residence.
5. The location of the development is in a central area with a strong rental market, ensuring a steady demand for rental properties.
6. The manager's apartment has 2 bedrooms and 2 bathrooms, providing a comfortable living space for the manager.
7. The development is currently under construction and due for completion in mid-2023, providing a potential buyer with a new and modern property.
8. The manager's real estate is included in the asking price of $1,627,000, providing an opportunity for the buyer to secure both the business and residence.
9. The complex is under the Accommodation agreement module, providing a longer term of 25 years for the management rights.
10. The complex offers an attractive and modern living space for tenants, with spacious apartments, modern fixtures, and a large balcony.
Listing location

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