Wellington Point, Queensland
All About Location! Permanent GEM in Bayside Brisbane
SOLD
Business Description
This is an outstanding opportunity to buy management rights centrally in Wellington Point on the ever-popular Brisbane Bayside. Located close to major arterial roads, trains and bus transport providing easy access to the Wellington Point-Wynnum-Manly-Esplanade-Cleveland, CBD and the Port of Brisbane, Airport and Gateway Motorway.
The gated complex is an immaculately presented residential community, located in a quiet spot just off Birkdale Road and Main Road, Wellington Point. Walking to Wellington Point Village and within footsteps of popular cafes, restaurants, public transport, and quality schools close by; Short riding to Wellington Point Recreation Reserve Jetty, Redlands Sporting Club.
- Centrally located in the Leafy suburb of Wellington Point, Brisbane Bayside
- Solid Permanent MR with Net Income $121,881, verified by Industry Specialist Accountant
- Great manager remuneration $83,102 with annual adjustment of CPI
- Well-presented complex provides the perfect environment to relax in
- Very well-run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 22 years left on a 25 years accommodation module
- Small letting pool to give you an undisturbed lifestyle
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence
Large two-storey residence, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, double Garage with additional driveaway parking and a large rear patio and entertaining backyard area
- Well-presented on-title office
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
If you want to buy a solid management right business and beautiful lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
1. Centrally located in a desirable and leafy suburb of Wellington Point in Brisbane Bayside.
2. Solid permanent management rights with a verified net income of $121,881 by an industry specialist accountant.
3. Great manager remuneration of $83,102 with annual adjustment of CPI.
4. Immaculately presented and well-maintained complex providing a relaxing environment.
5. Well-run business with all procedures documented.
6. Supportive and fantastic body corporate to work with.
7. Long agreement with 22 years remaining on a 25-year accommodation module.
8. Small letting pool providing an undisturbed lifestyle.
9. Low turnover of tenants, minimizing inspections and paperwork.
10. Modern and spacious manager residence with a large living/dining area, family room, open plan kitchen, three bedrooms, two bathrooms, double garage, and a large outdoor entertaining area.
11. Well-presented on-title office.
12. Ideal for a family or semi-retired couple looking for a solid income and great lifestyle.
