Stafford, Queensland

$852,535

Property Description

MR Priced To Sell With A Net Income Of 130K @ 3.25x Multiplier | Resort Brokers ID : MR006208

Brilliant and affordable opportunity! Inner-city Management Rights with long term agreements and a strong security of the letting pool.



  • Fantastic business with proven track record

  • Outstanding return on investment of around 15.5%

  • Potential upside - significant number of external agents

  • Long term agreements with recent top-up

  • Experienced managers to assist with transition

  • Property inspections are by appointment only

Date updated: 31 Mar 2020 23:00:06

Property Summary

Business Snapshot

Price: $852,535 Net Profit: $130,011 Remuneration / Body Corp Salary: $45,766

Managers Unit

Value of Managers Apartment: $430,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 56Total Units in Letting Pool: 26Holiday Units: 26Owner Occupy Units: 15Outside Agent Units: 15Agreement Term Remaining: 21 years

Marketing Agent


Marketing Agency

ResortBrokers

Gareth Closter
ResortBrokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Stafford, Queensland 4053 Exact map location not provided

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