Tingalpa, Queensland

Profitable & Flexible. Management Rights - Manly West and Tingalpa - $167k net | Resort Brokers ID : MR008027

Under Contract / Offer

Business Description

ResortBrokers is proud to introduce a rare business opportunity in the sought-after bayside areas of Tingalpa and Manly West. This profitable Management Rights business allows for off-site residence and flexible working hours, providing investors with practical freedom.

With a notable net profit of $167,694, this opportunity is well-suited for a dynamic two-person team or efficient management operation. A gated community at the larger complex adds an extra layer of security, ensuring peace of mind for both the manager and residents.

Long-term accommodation module agreements spanning 23 and 22 years, ensure stability and prolonged success. The robust and stable letting pool, managing 26 out of 50 units, speaks to the high level of trust and satisfaction among residents. The option to rent out the manager's unit (no requirement to live onsite or maintain office hours) yields an additional $31k annually, whilst enhancing overall profitability and flexibility.

Nearby premier schools in Brisbane, these businesses attract families seeking quality education, enhancing the appeal for both managers and tenants. The management rights to this business represent a compelling and profitable business opportunity. Seize this chance for a secure business opportunity with no on-site living requirements, strong financial returns, and a prime location – an opportunity not to be overlooked.

- Flexible business model with no on-site living or office hour requirements
- Profitable venture with net earnings circa $167k, suitable for a couple or under management
- Secure investment in a gated community with a solid business-only add-on
- Long-term stability ensured by 23 and 22-year accommodation module agreements
- Additional income stream from a manager's unit rented at $600 per week
- Reliable letting pool with 26 out of 50 units under management
- Prime location near top Brisbane schools in the sought-after bayside suburb of Tingalpa
- Inspections are by appointment

Date updated: 07 Apr 2024 23:00:16

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $167,694

Managers Unit

Value of Managers Apartment: $620,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 50Total Units in Letting Pool: 26Owner Occupy Units: 17Outside Agent Units: 2Agreement Term Remaining: 23 years
Marketing Agent
Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

BAYSIDE BEAUTY MANAGEMENT RIGHTS FOR SALE
Ras360
BAYSIDE BEAUTY MANAGEMENT RIGHTS FOR...

MANLY WEST

$1,368,000

Net Income: $128,345
Managers Estate: $849,000 3 Bed 2 Bath
Letting Pool: 58
Remuneration: $96,663

Big Nett with Large Remuneration and One Bed Manager Residence
Next Business & Property Sales
Big Nett with Large Remuneration and One...

BULIMBA

Business $1,454,055 + One Bed Manager Unit

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

Streaky Bay Islands Caravan Park
Substantial CBD investment
Exclusive - NO REQUIREMENT to Live Onsite & Extra Rental Income – ID 9129
Majestic Ocean Views - ID 8423
AN OUTBACK MOTEL AND CARAVAN PARK OASIS WITH SOLID RETURNS - 1437ML
Exclusive - Navigate Towards Success in Hervey Bay- ID 9127
NOP $315K BUSINESS-ONLY MLR PORTFOLIO WITH NO COMMON FACILITIES | Resort Brokers ID : MRB008205
Outrigger: Where Hospitality Meets Profitable Waves, Surging with Over $377k in Net Profit!
Ill Health Requires Sale - Performing Very Well
Unlock Robina's Location: Net Profits over $141,000 in a Vibrant Business Hub!
Money Maker Holiday Park Close to Town Centre
Retiring Seller - Owner Must Sell!
Prime Business Only Fortitude Valley Management Rights: Lucrative Opportunity Awaits! 🌟
POPULAR REGIONAL MOTEL LEASEHOLD - 1642ML
$511K Net, No Pool, No Garden – ID 9134
EXCEPTIONAL LIFESTYLE WITH A SIMPLE COMMUNITY BASED COUNTRY PUB IN THE MIDDLE OF TOWN - 52HF
Terminus Hotel
Brassall Retirement Village. very low multiplier