West End, Queensland

Business Only Permanent Management Rights in West End

SOLD

Business Description

The apartments were built circa 2009, offers creative living in West End. And presents refined living in West End of 2 and 3 bedroom apartments, courtyard apartments, only footsteps from new West End's Montague Markets.

In a prime location on the centre of West End this business ticks all the boxes whilst providing opportunity to grow the business.

Residents will relax and entertain at the spectacular residents' rooftop pool & recreation deck overlooking Brisbane CBD. The building has modern high-tech security and lift access from the basement car park. Across the street is the riverfront boardwalk with access to the CityCat high speed ferry service and a short walk to South Bank Parklands. At the door is the restaurant, cafe and bar precinct of West End.

The property also benefits from quick access to all the necessary amenities, only a short walk to Conference & Exhibition Centre, Museum, Gallery as well as all vibrant and distinctive award- winning dining, shopping, beauty, health & wellbeing precinct and an easy stroll to West End Commercial Street and West Village.

Key Features

- Business Only permanent management rights with Nett $277,923
- Fantastic Body Corporate salary of $176,106, with annual increase by CPI annually
- Very well run complex and well established and steady business, all procedures documented
- Long Agreements on accommodation module - 21+ years
- Complex very popular with tenants
- Small letting pool to give you an undisturbed lifestyle
- Spacious separate offices on ground floor, be contactable during normal hours
- No manager residence, no requirement to reside on site

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 Agent - NEXT

Business Summary

Managers Unit

Complex Information

Marketing Agent
David Jiang
David Jiang

Next Business & Property Sales

Next Business & Property Sales

Key Investment Insights

1. Prime location in the centre of West End with easy access to amenities and public transportation.
2. Well-established and steady business with documented procedures.
3. Long agreements on accommodation module with 21+ years remaining.
4. Small letting pool providing an undisturbed lifestyle.
5. Spacious separate offices on the ground floor for easy contact during normal hours.
6. No manager residence or requirement to reside on site.
7. Business only permanent management rights with a Nett income of $277,923.
8. Fantastic Body Corporate salary of $176,106 with annual CPI increases.
9. Popular complex with tenants.
10. Opportunity for growth and potential to increase income.
Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

AMAZING VIEWS, GREAT BUSINESS, PERFECT LIFESTYLE
Premier Business Sales
AMAZING VIEWS, GREAT BUSINESS, PERFECT...

CURRUMBIN

$1,848,000

Net Income: $219,768
Managers Estate: $950,000 3 Bed 2 Bath
Letting Pool: 72
Remuneration: $126,630

LIVE AND WORK BESIDE THE BEACH - FANTASTIC MANAGEMENT RIGHTS
Premier Business Sales
LIVE AND WORK BESIDE THE BEACH - FANTASTIC...

SURFERS PARADISE

$1,780,000

Net Income: $211,580
Managers Estate: $850,000 2 Bed 2 Bath
Letting Pool: 27
Remuneration: $53,365

LUCRATIVE EASY-CARE INNER CITY PERMANENT MLR  | Resort Brokers ID : MR008187
ResortBrokers
LUCRATIVE EASY-CARE INNER CITY PERMANENT...

KANGAROO POINT

$1,800,000

Net Income: $203,389
Managers Estate: $635,000 2 Bed 2 Bath
Letting Pool: 67
Remuneration: $90,391

Business Only, Large Income and Great Remuneration Permanent in West End
Next Business & Property Sales
Business Only, Large Income and Great...

28 Ferry Street WEST END

$1,878,500

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

6 month old Redcliffe Complex on the beach Caretaking only
Ras360
6 month old Redcliffe Complex on the beach...

REDCLIFFE

$1,725,000

Net Income: $148,801
Managers Estate: $995,000 3 Bed 2 Bath
Letting Pool: 124
Remuneration: $148,801

West is Best... | Resort Brokers ID : MR008169
ResortBrokers
West is Best... | Resort Brokers ID :...

MAIN BEACH

$1,650,000

Net Income: $163,298
Managers Estate: $1,000,000 2 Bed 2 Bath
Letting Pool: 165
Remuneration: $151,888

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