UNDER CONTRACT - Permanent Management Rights Close to Brisbane CBD - 1P4292MR
Brisbane Management Rights for Sale, Exclusively Marketed by CRE Brokers.
Located only eight kilometres from the Brisbane CBD. This is what you are purchasing: a spacious, modern, fully appointed stand-alone four bedroom home with two and a half bathrooms including a dedicated office/reception for the business; a workload well within the capacity of one person; Major Hospital and Shopping Centres, Public Transport and quality school facilities nearby; Less than 15 minutes to Brisbane International/Domestic Airport.
Excellent catchment area for tenants.
TOTAL NUMBER OF UNITS : 41
UNITS IN LETTING POOL : 34
Length of Agreements: 24
Agreement Term : 25
MANAGERS RESIDENCE : Stand-alone home, 4 bedroom/2.5 bathrooms
BC SALARY : $46,430
NET PROFIT : $133,772 (includes BC Salary)
REAL ESTATE PRICE : $538,400
BUSINESS PRICE : $580,200
TOTAL ASKING PRICE : $1,118,600
Price: Management Rights $1,118,600
Net Profit: $133,772 Remuneration / Body Corp Salary: $46,430Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $538,400Bedrooms: 4Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes
Complex InformationComplex Type: n/aTotal Units in Complex: 41Total Units in Letting Pool: 34Permanent Units: 34Owner Occupy Units: 5Outside Agent Units: 2Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: Yes
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS