Windsor, Queensland

Business Only Permanent Management Rights in Inner Northern Brisbane, Windsor

$600,000

Business Description

- Asking $600,000
- Solid Income $100,050, verified by industry specialist accountant
- Conveniently located in the heart of Windsor, you'll have everything you need right at your doorstep. Just a short stroll away you'll find an array of cafes, restaurants, and boutique shops, while public transport is easily accessible with the train station and bus stop just a stone's throw away.
Walking distance to public transport including Windsor Train Station
Walking / cycling paths nearby
3km / 10 mins from Brisbane CBD
1km from Royal Brisbane and Women's Hospital- Well- presented complex provides the perfect environment to relax in
- Very well-run business, all procedures documented
- 19 years left on a 25 years accommodation module
- Great remuneration $70,981 with annual adjustment of CPI
- Small letting pool - only 11 lettings in the pool in total
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- No Office Hours
- No Real Estate Associated

Book your private inspection with Exclusive Agent, David Jiang from NEXT Realty!

Business Summary

Complex Information

Marketing Agent
David Jiang
David Jiang

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Key Investment Insights

AI generated. Confirm details with the seller.

1. Asking price $600,000, business-only permanent management rights in inner northern Brisbane, Windsor.
2. Solid verified income $100,050, confirmed by an industry specialist accountant.
3. Manager remuneration $70,981 with annual CPI adjustments, providing predictable personal income.
4. Long contract term remaining, 19 years left on a 25-year accommodation module, offering long-term operational security.
5. Small letting pool of only 11 lettings, reducing administrative load and maintenance of records.
6. Very low tenant turnover, minimising inspections, paperwork and vacancy risk.
7. No office hours and no real estate associated, implying lower overheads and streamlined operations.
8. Business is very well run, with all procedures documented, facilitating smooth handover and consistent operations.
9. Prime inner-city location, 3 km / 10 minutes to Brisbane CBD, enhancing tenant demand and capital stability.
10. Excellent local amenity and transport access, walking distance to Windsor Train Station, bus stops, cafes, restaurants and boutique shops, plus nearby walking and cycling paths.
11. Close proximity to major healthcare, 1 km from Royal Brisbane and Women’s Hospital, supporting steady accommodation demand.
12. Well-presented complex, contributing to tenant satisfaction and the appeal of the management rights offering.
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