South Brisbane, Queensland

Permanent MR in South Brisbane!

SOLD

Business Description

Asking for 1,077,300 on MR Business with Net Income $189,500
Manager Unit on the Latest Valuation this July by Bank Panel Industry Specialist Valuers

- Perfectly located in the prestigious heart of South Brisbane, close to all the necessary amenities, only a short walk to South Bank Park, Conference & Exhibition Centre, Museum, Gallery as well as all vibrant and distinctive award-winning dining, shopping, beauty, health & wellbeing precinct and an easy stroll to West End Commercial Street
- Very well run complex, all procedures documented
- Body Corporate very fantastic and supportive to work with
- A great manager remuneration $90,701 with annual adjustment of CPI
- Long 21 years left on the agreements
- Modern and fantastic loft manager unit - two bedrooms, one open study, two bathrooms, one carpark and a large outdoor entertaining balcony
- Separate spacious office on ground floor, no office hours
- Located within the Brisbane State High School and West End State School catchment area

This is the Goldilocks complex, not too huge, not small, Just Right!
Come and take a look we are sure you will be impressed!!

Business Summary

Complex Information

Marketing Agent
David Jiang
David Jiang

Next Business & Property Sales

Next Business & Property Sales

Key Investment Insights

- Located in the prestigious heart of South Brisbane, close to all necessary amenities and attractions

- Short walk to South Bank Park, Conference & Exhibition Centre, Museum, Gallery

- Vibrant and distinctive award-winning dining, shopping, beauty, health & wellbeing precinct

- Easy stroll to West End Commercial Street

- Well-run complex with all procedures documented

- Fantastic and supportive Body Corporate

- Manager remuneration of $90,701 with annual adjustment of CPI

- Long 21 years left on agreements

- Modern and spacious loft manager unit with two bedrooms, one open study, two bathrooms, one carpark, and a large outdoor entertaining balcony

- Separate spacious office on ground floor with no office hours

- Located within the Brisbane State High School and West End State School catchment area
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

City Style Redlands Charm for your next OTP MR
Ras360
City Style Redlands Charm for your next OTP...

WYNNUM WEST

$797,500 MR & $975k Unit = Total $1.772M

Net Income: $225,940
Managers Estate: $975,000 2 Bed 2 Bath
Letting Pool: -
Remuneration: $105,000

ESTABLISHED BUSINESS ONLY COMPLEX IN 'THE GABBA' WITH SHORT-TERM LETTING OPTION! | Resort Brokers ID : MRB008446
ResortBrokers
ESTABLISHED BUSINESS ONLY COMPLEX IN 'THE...

WOOLLOONGABBA

Under Contract / Offer

Net Income: $280,893
Managers Estate: - - Bed - Bath
Letting Pool: 88
Remuneration: $125,929

Prime Profitable Management Rights with Massive Growth Potential on the Riverfront in Kangaroo Point!
Ras360
Prime Profitable Management Rights with...

KANGAROO POINT

$950K MR & $800k Unit = Total $1.750M

Net Income: $217,325
Managers Estate: $800,000 2 Bed 2 Bath
Letting Pool: 77
Remuneration: $206,001

Stones Corner Off-the-plan Business Only Permanent Management Rights | Resort Brokers ID : OTP008397
ResortBrokers
Stones Corner Off-the-plan Business Only...

STONES CORNER

$1,697,571

Net Income: $322,679
Managers Estate: $1,099,000 - Bed - Bath
Letting Pool: 90
Remuneration: $162,000

Off The Plan Development - 105 Apartments Over 5 Levels - ID 9071
MR Sales
Off The Plan Development - 105 Apartments...

WYNNUM WEST

$1,772,500

Net Income: -
Managers Estate: $975,000 2 Bed 2 Bath
Letting Pool: -
Remuneration: $63,000

4.2 Times Multiplier Permanent and Top Manager Residence in Beautiful Bulimba
Next Business & Property Sales
4.2 Times Multiplier Permanent and Top...

BULIMBA

$480,000/4.2 times + Manager Unit on Valuation

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

Unlock Your Dream - Hervey Bay Beachfront Ownership Awaits
$50 K Price Drop & Easy Part Time Income - ID 9115
Iconic Hotel in Stunning Location - 1P6187
FREEHOLD Backpackers in Brisbane
Freehold Investment Opportunity Sale by Private Treaty
SE QLD Premier Permanent Management Rights
Waterfront CBD Location in Townsville - 30 Years on Lease - 1P6237M
Exclusive - Two Adjacent Luxury Permanent Management Rights Complexes for Sale - ID 9174
Fabulous Modern Boutique Guest House right in the heart of Airlie Beach - 2857MF
Big profits and beachside living on the Sunny Coast
Premium Vineyard & Exquisite Home, Central Otago
Big Profits and Priced to Sell!
Motel 3858 - 1P6235
Solid Permanent MR, Large Remuneration and Three Beds Manager Residence in West End
Profitable Business Only Resort Management Opportunity Cotton Tree
Tuscan-Themed Resort with $309K Net Profit – ID 9175
Kokonga Lodge – Boutique Accommodation & Event Venue
NEWLY ESTABLISHED PERMANENT MANAGEMENT RIGHTS PORTFOLIO BUSINESS ONLY