Wynnum, Queensland
Moving from Interstate - Need a Job? - Grab this One!!
Under Contract / Offer
Business Description
Outstanding Opportunity for the First Timer
This complex presents an outstanding opportunity for a young couple to make their first foray into management rights. You won't find a better starter complex. Or maybe someone looking at semi-retirement. Easily run by one person allowing a couple to still have other jobs for extra income.
This permanent management rights business is located on the Eastern side of Brisbane on a beautiful part of Morton Bay, just 700m from the water. This is a well maintained residential complex, with attractive town houses which are situated close to schools, public transport, shopping, sport and recreation facilities. With 22 in the rental pool, low maintenance grounds, this complex can easily be managed part time by one or in conjunction with another job. The current manager's estimate approx 10 hours per week for the caretaking. This business has been uneffected by any covid downturn.
The manager's home is a large 3 bedrooms plus office Townhouse. It includes 2.5 bathrooms separate laundry, garage, attractive quiet yard with quality kitchen appliances and dual access office.
Predominately interstate investor owners.
Workload is very manageable
Great salary
Easy care gardens
Very safe and stable management rights
Keep your current job and do the caretaking after work
All systems in place
Long agreements
Overall a fantastic opportunity!!
For additional information or to arrange an inspection please contact the agent. David Janett David Jiang
Don't miss this outstanding opportunity to buy with a reasonable multiplier!
Business Summary
Key Investment Insights
1. Perfect opportunity for a young couple to enter the management rights industry.
2. Ideal for semi-retirement.
3. Easy to manage with low maintenance grounds.
4. Located in a beautiful part of Morton Bay, just 700m from the water.
5. Well-maintained residential complex with attractive townhouses.
6. Close to schools, public transport, shopping, and recreational facilities.
7. 22 units in the rental pool.
8. Current manager estimates only 10 hours per week for caretaking.
9. Unaffected by COVID downturn.
10. Manager's home is a large 3 bedroom plus office townhouse.
11. Predominately interstate investor owners.
12. Manageable workload.
13. Great salary.
14. Easy care gardens.
15. Safe and stable management rights.
16. Can be managed alongside another job.
17. All systems in place.
18. Long agreements.
19. Reasonable multiplier for purchase.
20. Don't miss this fantastic opportunity.
