Taringa, Queensland

Prime Management Rights in Taringa - Body Corporate Salary 83% of Total Income! | Resort Brokers ID : MR008694

$1,830,967

Business Description

ResortBrokers presents an excellent management rights business opportunity in a high rental demand suburb only 6 km from Brisbane CBD and in the catchment of Ironside State School and Indooroopilly State High. This permanent residential complex offers flexibility with no set office hours, nominee can reside onsite, a sizeable net profit coupled with multiple successfully topped-up agreements during the tenure of the current manager. These allow for a balanced lifestyle and are ideally suited for a single operator or a working couple.

Selling at an extremely competitive 3.5x multiplier along with a generous body corporate salary that is notably increased annually by CPI and CPI increase is capped by a minimum of 3% and a maximum of 5%.

This MLR opportunity won't last long. Call Jessie Shi ---------- today to book an inspection!

- Substantial Net Profit of circa $194k+ with topped-up agreements
- Strong body corporate salary - 83% of total income
- Flexibility of operation with no set office hours, and the nominee can reside
- Body Corporate salary increased by 3-5% pa
- Inspections are by appointment only
Date updated: 18 May 2025 23:00:06

Business Summary