Hendra, Queensland

$996,295

Property Description

2 NEW NORTH BRISBANE 'BUSINESS ONLY' PERMANENT MRs - $184K+ NET PROFIT | Resort Brokers ID : MR006484

Presented to market exclusively by Resort Brokers for the first time, is the opportunity to purchase the management rights to two high quality, 'business only' townhouse complex, located 15 mins apart in Hendra and McDowall



  • Total of 63 townhouses with 3 & 4 bedroom designs

  • 38 units managed in onsite letting pool, with 9 outside agents and 16 owner occupiers

  • 23+ years remaining on caretaking and letting agreements

  • Clean P&L made up of almost entirely BC salary and letting income

  • Solid BC salary of $84,183 (ex GST)

  • No requirement to live on site, no set office office hours, easy to maintain grounds

  • Convenient location near to amenity and key employment nodes

  • Call agents Tim Crooks, Gareth Closter or Alex Cook for further information

  • Please click on the youtube icon below for a summary video on the offering.

Date updated: 02 Dec 2020 01:00:05

Property Summary

Business Snapshot

Price: $996,295 Net Profit: $184,499 Remuneration / Body Corp Salary: $84,183

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 36Total Units in Letting Pool: 13Holiday Units: 13Owner Occupy Units: 16Outside Agent Units: 7Agreement Term Remaining: 25 years

Marketing Agent


Marketing Agency

ResortBrokers

Gareth Closter
ResortBrokers

Phone

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Property Map

Map Location ( get directions )

Hendra, Queensland 4011 Exact map location not provided

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