South Brisbane, Queensland
GREAT PERFORMING BIG PERMANENT MANAGEMENT RIGHTS OPPORTUNITY IN INNER CITY BRISBANE
BUS. $2,700,000 + OFFICE CAR PARK STORAGE $250,000
Business Description
RCA EXCLUSIVELY PRESENT FOR SALE THE ESTABLISHED INNER CITY $453K+ NETT PA MLR BUSINESS IN SOUTH BRISBANE + WEST END WITH NO UNIT TO BUY.
+ Established and ready to run management rights opportunity
+ Approx nett of $453,169 per annum
+ Generous body corporate caretaking salary of approx $231,243 per annum
+ Approx 20 years remaining across the agreements
+ Currently all permanent rentals
+ NO MANAGERS UNIT TO BUY.
+ Office car park storage to be purchased with the Management Rights
+ Located in the heart of the current Brisbane Olympics proposed plans
NOW IS THE TIME TO BUY. DON’T MISS OUT ON THIS GOLDEN INNER CITY MANAGEMENT RIGHTS BUSINESS OPPORTUNITY. REQUEST RCA INFORMATION MEMORANDUM FOR MORE DETAILS ON THIS PROPERTY
CONTACT RCA FOR THE INFORMATION MEMORANDUM AND EXTRA INFORMATION
Business Summary
Business Snapshot
Price: BUS. $2,700,000 + OFFICE CAR PARK STORAGE $250,000
Net Profit: $453,169 Remuneration / Body Corp Salary: $231,243
Complex Information
Complex Type: PermanentAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: Yes
Key Investment Insights
1. Established and profitable management rights opportunity in inner city Brisbane
2. Approximate net income of $453,169 per annum
3. Generous body corporate caretaking salary of approximately $231,243 per annum
4. Approximately 20 years remaining on agreements
5. Currently all permanent rentals
6. No managers unit to buy
7. Office car park storage to be purchased with the management rights
8. Located in the heart of the current Brisbane Olympics proposed plans
9. Price of $2,700,000 for the business and $250,000 for the office car park storage
10. Permanent complex with a 25 year agreement term
11. Pool and BBQ area within the complex.
