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
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.