Kangaroo Point, Queensland

$1,750,000

Property Description

Business For Sale - Supervisory Role Only, Easy to Run Management Rights Business - ID 8854 BL

SUPERVISORY ROLE ONLY!
Rare Luxury Right on the Brisbane River

- A Supervisory Role in a management rights is one where you are getting paid to oversee the Body Corporate employed contractors
- The Body Corporate employed contractors include the common area cleaners, the gardeners, the pool guy
- This business has a great reception and huge back-office on title where you can run the caretaking and letting sides of the business very adequately
- A good solid $123,354 + GST annual salary!
- Automatic top-ups to the Caretaking & Letting Agreements every year! This is brilliant!
- The monthly net profit earnings are an excellent $16,050
- Easy templated systems in place to complete the duties
- Live right on the Brisbane River and enjoy the benefits of the excellent building facilities
- Managers real estate being sold at June 2018 Market Valuation

A very rare supervisory only role within a next to CBD location. Sensational managers apartment with 166m surveyed floor area. Great surveyed 36m detached reception and office.

Net Profit: $192,609
Asking Price: $1,750,000
(inclusive of managers real estate)

For further information on this Brisbane management rights opportunity, contact:

Listing Broker
Greg Jorgensen

Property Summary

Business Snapshot

Price: $1,750,000 Net Profit: $190,548 Remuneration / Body Corp Salary: $121,293

Managers Unit

Value of Managers Apartment: $870,000Bedrooms: 2Bathrooms: 2Car Spaces: 3Office: On TitlePets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 0Pool: YesSauna: Yes

Marketing Agent


Marketing Agency

MR Sales

Greg Jorgensen
MR Sales

Phone

Listing Tools

This listing last updated: 11th September 2018

Property Map

Map Location ( get directions )

Kangaroo Point, Queensland 4169 Exact map location not provided

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