Kangaroo Point, Queensland

$1,380,000

Property Description

Business For Sale - Brisbane Management Rights For Sale - ID 8954 BL

- Brisbane Management Rights For Sale
- Unique Opportunity - Two Complexes
- Permanent management rights for sale
- Two complexes located in the desirable suburb of Kangaroo Point
- In total there are 10 apartments in the letting pool
- Easy to manage, no set office hours
- Only one residence to purchase, 2 bedroom, 2 bathroom
- 10 car spaces on title - currently there are 3 rented out
- Combined Body Corporate salary of $170,545
- Perfect add on to existing management right portfolio
- Net Profit: $206,626
- Asking Price: $1,380,000
(Inclusive of managers real estate)

For further information or to arrange an inspection of this Brisbane management rights opportunity contact:

Listing Management Rights Brokers

Lyn Pearsall & Amanda Rowe

Property Summary

Business Snapshot

Price: $1,380,000 Remuneration / Body Corp Salary: $170,545Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 2Bathrooms: 2Office: Exclusive Use
135m² manager's residence with a N/E aspect and is located on the ground floor. Two bedrooms, two bathrooms, air conditioning and ceiling fans. The apartment is spacious and freshly painted with the addition of new carpets, lighting and window blinds. Timber floor in living area. Private patio/garden area with easy access to pool, tennis court and BBQ areas. The building is pet friendly.

Complex Information

Complex Type: PermanentTotal Units in Complex: 76Total Units in Letting Pool: 10Permanent Units: 10Owner Occupy Units: 54Outside Agent Units: 11Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesGym: Yes

Marketing Agent


Marketing Agency

MR Sales

Lyn Pearsall
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Kangaroo Point, Queensland 4169 Exact map location not provided

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