Taigum, Queensland

Quiet Townhouse Complex

SOLD

Business Description

• In a prime location, close to all amenities and public transport
• No fixed office hours
• Solid Body Corporate salary, accounting 79% of the net profit
• Easily managed permanent residential letting, with strong rental demands and potentials to improve the rental pool

Business Summary

Business Snapshot

Price: SOLD Net Profit: $121,974 Remuneration / Body Corp Salary: $96,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $440,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: n/aTotal Units in Complex: 80Total Units in Letting Pool: 17Pool: Yes
Marketing Agent
Jason Ke
Jason Ke

Onsite Management Rights

Onsite Management Rights

Key Investment Insights

1. Prime location with easy access to amenities and public transport.
2. No fixed office hours, providing flexibility for the owner.
3. Solid Body Corporate salary, accounting for a significant portion of the net profit.
4. Strong demand for permanent residential rentals, with potential for growth in the rental pool.
5. Manager's unit valued at $440,000, offering comfortable accommodation for the owner.
6. Complex consists of 80 units, with 17 units in the letting pool.
7. On-site pool for residents' use.
8. Body Corporate salary reviewed annually, providing potential for increased income.
9. Easily managed complex, with potential for further improvements and growth.
10. Opportunity for the owner to live and work in the same location.

Management Rights Multiplier: 3.44
ROI Estimate: 14.18%

Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Brisbane Fringe Management Rights – Dual Boutique Complexes, Business Only
Ras360
Brisbane Fringe Management Rights – Dual...

ASCOT

$899,000

Net Income: $151,105
Managers Estate: - - Bed - Bath
Letting Pool: 63
Remuneration: $80,174

Business Only, Milton - ID 9216
MR Sales
Business Only, Milton - ID 9216

MILTON

$899,880

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

Brisbane Management Rights with Outstanding ROI
Ras360
Brisbane Management Rights with Outstanding...

LUTWYCHE

Under Contract / Offer

Net Income: $160,552
Managers Estate: - - Bed - Bath
Letting Pool: 49
Remuneration: $90,394

Business Only, Close to Brisbane City - ID 9216
MR Sales
Business Only, Close to Brisbane City - ID...

MILTON

$899,880

Net Income: $134,686
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Prime Riverfront Business Only with no real estate to buy | Resort Brokers ID : MRB009004
ResortBrokers
Prime Riverfront Business Only with no real...

AUCHENFLOWER

$945,000

Net Income: $209,865
Managers Estate: - - Bed - Bath
Letting Pool: 80
Remuneration: $151,008

Unique Management Rights Opportunity in Fortitude Valley
Ras360
Unique Management Rights Opportunity in...

FORTITUDE VALLEY

Under Contract / Offer

Net Income: $134,449
Managers Estate: $190,000 - Bed - Bath
Letting Pool: 50
Remuneration: $85,937

Easy-Care Business Only Operation | Brisbane Northern Corridor
PREMIUM PERPETUAL CROWN LEASEHOLD CARAVAN PARK OPPORTUNITY – SOUTH COAST NSW | Resort Brokers ID : LH009175
FREEHOLD MOTEL | TURNKEY OPERATION | STRONG GROWTH POTENTIAL | Resort Brokers ID : FH009178
Heading: Premium Permanent MR Opportunity Backed by 69% Secure BC Salary | Resort Brokers ID : MR009131
FHGC Motel on 2.5 Acres with 41% Occupancy - Substantial Repositioning Upside | Resort Brokers ID : FH009177
Business-Only MLR - 97% of income derived from BC salary | Resort Brokers ID : MRB009201
Unheard of multiplier and Water Views!!!
Huge Income and Rare Opportunity - Permanent MR Business in Brisbane City
High-Yield Leasehold Motel – Proven Government-Backed Income Stream
Been to Westport lately? Have a look at this!
Dual Business Only Apartments - $355,766 Net Profit - over 72% BC Salary | Resort Brokers ID : MRB009194
Rare Dual-Building Supervisory Management Rights – Scale, Stability & No Real Estate Required
Permanent MR 6km from Brisbane CBD - BC Salary 80% of Income | Resort Brokers ID : MR009174
Secure Beaudesert Best Permanent Rights with $341,429 Net Profit & 21-Year Term | Resort Brokers ID : MR009198
Substantial Coastal Landholding with Multiple Future Pathways | Resort Brokers ID : FH009183
Nambucca Heads Rare 8,000sqm Dual Title Development Site | R1 Zoning + Income Stream
A SOLID PASSIVE INVESTMENT OPPORTUNITY THAT WON'T LAST LONG - 2667MI
Waterfront Short Stay MR - $481k Net Profit, 3.3x Multiplier, 24-Year Term | Resort Brokers ID : MR009172