Shailer Park, Queensland

Business For Sale - 100% Occupancy - Priced to Sell - ID 9014 BL

$607,000

Property Description

Management Rights For Sale
Experienced Operator Downsizing - Your Chance to Benefit

- Permanent Management Rights complex
- Brand new 25 year agreements
- 48 townhouses in the complex, 13 of those in the letting pool
- Strong rental area, quality tenants
- Close to all amenities
- No set office hours
- Tastefully renovated manager's residence
- Systems based business ready for new operator to 'turn the key'

Situated only minutes from M1, 30 minutes to Brisbane CBD and 40 minutes from the Gold Coast, this well presented complex of 48 townhouses is conveniently located and easy to operate with the current experienced operator looking to downsize and take on new challenges.

New 25 year agreements and no set office hours, and it is well priced to boot. Don't miss out!!

Net Profit: $63,051
Asking Price: $607,000 (Inclusive of manager's real estate)

For further information or to arrange an inspection of this Brisbane Management Rights opportunity contact:

Management Rights Broker
Peter Ross

Property Summary

Business Snapshot

Price: $607,000 Net Profit: $63,051 Remuneration / Body Corp Salary: $46,697Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $355,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title
3 bedrooms, 2.5 bathrooms, Lounge and separate dining area, Plantation shutters, Solar system, Modern kitchen, Fully covered pergola with retractable awning, 2 personal storage sheds, Office with built in shelves and desk bays, Built in office pantry, Room for small car in remote controlled garage, Additional manager parking spaces

Complex Information

Complex Type: PermanentTotal Units in Complex: 48Total Units in Letting Pool: 13Permanent Units: 13Owner Occupy Units: 29Outside Agent Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: YesBBQ Area: Yes
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