Slacks Creek, Queensland

High Return, Low Multiplier MR Business in Brisbane Southside

$695,000

Property Description

This quality gated complex is situated in Slacks Creek, a rapidly growing suburb offering convenient travel between Gold Coast and Brisbane via the Pacific and Logan motorways. Within minutes of drive, you can easily reach three major shopping centers in Underwood, Springwood & Logan Central, as well as Bunnings & IKEA. Good rental and very popular for renters. Friendly & supportive body corporate committee.

Complex features:
Gated complex with 43 townhouses, a BBQ and a shared pool.
Neat & easy to maintain gardens.

Manager’s Unit (with an office) features:
Two-storey, modern living & dining downstairs, three spacious bedrooms upstairs, one bath, two toilets, single lockup garage with remote, and an office on title.

Business Figures:
Total asking (business+unit): $695,000
Multiplier: 4.6
Body Corporate Salary: $55,000ex gst with CPI increase
Letting Income: $23,000ex gst
Manager’s unit with office: $335,000
Units in Letting Pool: 16
Agreement Term Remaining: 18 years

Book an inspection with Linda Gu today and we are sure you will be impressed!
This would be a perfect opportunity to secure a solid income and lifestyle business.

Property Summary

Business Snapshot

Price: $695,000 Net Profit: $78,000 Remuneration / Body Corp Salary: $55,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $335,000Bedrooms: 3Bathrooms: 1Car Spaces: 1Office: On Title
Two-storey, modern living & dining downstairs, three spacious bedrooms upstairs, one bath, two toilets, single lockup garage with remote, and an office on title.

Complex Information

Complex Type: PermanentTotal Units in Complex: 43Total Units in Letting Pool: 16Permanent Units: 16Agreement Term Remaining: 18 years
Marketing Agent
Linda Gu
Linda Gu

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

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

SHAILER PARK

$607,000

Net Income: $65,078
Managers Estate: $355,000 3 Bed 2 Bath
Letting Pool: 48
Remuneration: $48,518

25 Years Permanent Business and Refurbished Residence
Next Business & Property Sales
25 Years Permanent Business and Refurbished...

SHAILER PARK

Business $252K and Unit $355K

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Low Multiplier Close To Daisy Hill Koala Centre
Onsite Management Rights
Low Multiplier Close To Daisy Hill Koala...

SHAILER PARK

$607,000

Net Income: $63,051
Managers Estate: $355,000 3 Bed - Bath
Letting Pool: 45
Remuneration: $46,697

Close to Sunnybank
Onsite Management Rights
Close to Sunnybank

ROCHEDALE SOUTH

$795,000

Net Income: $89,503
Managers Estate: $395,000 3 Bed 1 Bath
Letting Pool: 39
Remuneration: $55,148

Brand New 25 year Caretaking/Letting Agreement Management Rights in the Heart of Shailer Park  - 1P4635MR
CRE Brokers
Brand New 25 year Caretaking/Letting...

SHAILER PARK

Management Rights $607,000

Net Income: $63,263
Managers Estate: $35,500 3 Bed 2 Bath
Letting Pool: 47
Remuneration: $46,697

Easy Permanent, No Requirement of Residing Onsite in Brisbane Southside
Next Business & Property Sales
Easy Permanent, No Requirement of Residing...

SLACKS CREEK

Under Contract / Offer

Net Income: $90,109
Managers Estate: $350,000 3 Bed 1 Bath
Letting Pool: -
Remuneration: $52,854

445ML - REGIONAL CITY LEASEHOLD! NEW LEASE! NEW OPPORTUNITY!
Mercure Hotel Mildura - Freehold Investment. 8.16% Rate of Return
Caretaking Only in East Mackay with a large four bedroom standalone home | Resort Brokers ID : MRC007034
Low Multiplier with GREAT Return with 150k Net Profit!
Business For Sale - Small Permanent in Quiet Coastal Destination - ID 9039 BL
Grand Central Hotel, Yea VIC - 1P0099
Moama Central Motel - 1P5409
PALM BEACH - OFF THE PLAN BUILDING - CARETAKING ONLY - $100K SALARY | Resort Brokers ID : OTP007033
2685MF - FIRST TIME OFFERED IN 35 YEARS
800MF - FREEHOLD GOING CONCERN MOTEL 2 HOURS FROM SYDNEY!
2657ML - YOUR SEA CHANGE LIFESTYLE HAS ARRIVED
2669MF - FIRST TIME OFFERED FOR SALE BIG FREEHOLD MOTEL!
Business For Sale - Lifestyle Management Rights - ID 7878 BL
VERY PROFITABLE REGIONAL FREEHOLD MOTEL SHOWING +17% RETURN WITH ROOM FOR GROWTH | Resort Brokers ID : FH007031
25 Years Stunning Permanent Management Rights in Carrara
Solid ROI, Great BC Salary & A Grade location! | Resort Brokers ID : MR006919
High Netting $420k plus MR in the heart of South Brisbane | Resort Brokers ID : MR007030
PERFECT PERMANENT MANAGEMENT RIGHT WITHOUT PROPERTY TO BUY