Milton, Queensland

$1,445,800

Property Description

Business For Sale - Brisbane Riverside Location - ID 8445 BL

- Brisbane Management Rights
- Management rights for sale
- Permanent complex, only 11 years young
- Located in Milton, very close to main centre and amenities
- Ideal for semi retired couple or single operator
- Magnificent manager's residence offering two bedrooms, two bathrooms with quality fixtures and fittings
- Air conditioned, huge outdoor areas, 4 car parking spaces and massive storage on title
- No set office hours, 19 years remaining on Accommodation module agreements
- Great Body Corporate remuneration of $82,171
- A pet is permitted with Body Corporate approval
- The facilities consist of 25m pool, heated spa, well equipped gym, BBQ area, recreation room with kitchen
Very easy complex to run, minimal gardening and cleaning.
Great Multiplier of 4.4

Net Profit: $132,946
Asking Price: $1,445,800
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Brisbane Management Rights business for sale contact:

Listing Broker
David Rotheram & Deborah Tilley

Milton is an inner suburb of Brisbane, just west of the CBD. The suburb is a mix of light industry, warehouses, commercial office and retail with both single and multiple occupancy residences.

Property Summary

Business Snapshot

Price: $1,445,800 Net Profit: $132,946 Remuneration / Body Corp Salary: $82,171

Managers Unit

Value of Managers Apartment: $865,000Bedrooms: 2Bathrooms: 2Car Spaces: 4Office: On TitlePets OK: Yes
Luxury managers residence with study, Air conditioning, Courtyard with city views

Complex Information

Complex Type: PermanentTotal Units in Complex: 48Total Units in Letting Pool: 15Permanent Units: 15Owner Occupy Units: 30Outside Agent Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesSpa: YesGym: YesPay TV: Yes

Marketing Agent

  • David Rotheram

  • 1300 928 556
  • 0414 706 600
  • send email

Marketing Agency

MR Sales

MR Sales

MR Sales

David Rotheram
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Milton, Queensland 4064 Exact map location not provided

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