West End, Queensland
Business Only Permanent Business in West End
SOLD
Business Description
- Business Only permanent management rights with Nett $132,847
- Fantastic Body Corporate salary of $63,212, with annual increase by CPI, every October
- Very well run complex and well established and steady business, all procedures documented
- Complex very popular with tenants
- Small letting pool to give you an undisturbed lifestyle
- Spacious separate office on ground floor, be contactable during normal hours
- No manager residence
If you want to buy a solid management right business and undisturbed lifestyle, it ticks all your boxes, please book your inspection immediately with Exclusive Agency - NEXT team!
Business Summary
Managers Unit
Complex Information
Key Investment Insights
1. The business is a permanent management rights business, which means it has a consistent and reliable income stream.
2. The net profit for the business is $132,847, indicating a profitable and successful operation.
3. The body corporate salary is a fantastic $63,212, with annual increases by CPI, providing a steady and increasing income.
4. The complex is well established and well run, with all procedures documented, making it an easy and efficient business to take over.
5. The complex is popular with tenants, ensuring a high occupancy rate and a steady stream of income.
6. The letting pool is small, allowing for a more relaxed and undisturbed lifestyle for the manager.
7. The office is spacious and located on the ground floor, making it easily accessible and allowing for normal business hours.
8. There is no manager residence, providing the opportunity for a manager to live off-site and have a separate living space.
9. The business is a solid and reliable investment, providing a desirable lifestyle for the manager.
10. The business is exclusively listed with NEXT team, making it a unique and sought-after opportunity.