Great opportunity for a manager to take this new building and business to the next level. Very light caretaking duties. Easy one person operation.

Property Description

  • 22 years to run on agreements
  • Nett Income Approx $149,000
  • Office on Occupation Authority
  • Caretaking fee of $87,144 + GST
  • Strong local rental demand
  • Mix of 1 & 2 Bed units

Pricing

NOTE: All property and business information and pricing is correct at the time of going to market. Please contact us for the detailed information memorandum.
Management Rights $$775,000
Managers Unit $ No Unit to Buy
Managers Lot/s $No Unit to Buy
Total Price $$775,000

Management Rights Business Information

NOTE: All property and business information and pricing is correct at the time of going to market. Please contact us for the detailed information memorandum.
LocationBrisbane City
Business TypeResidential letting
Building AgeOnly 12 months old
Building Levels/Floors10 Levels
Net Profit $Approx $149,000
Caretaking Fee $$87,144 + GST
Total Lots in Complex78 (1 & 2 Bedroom)
Letting Pool Units36 units
Letting Agreement Term22 years to run
Caretaking Agreement Term22 Years to run
Office HoursNo office hours

Property Features

Pool
Sauna
Gym
BBQ
Conference Room
Cinema
Concierge
Car ParkingSecure Basement Parking
Other Features
Managers Units
BedsN/A
BathN/A
Car SpacesN/A
FeaturesN/A
Managers Office
Size20 square metres

Management Pricing

Total Price                        $775,000

Property Enquiry

3 + 5 = ?

Property Agent

Rod Askew
Director

07 3554 0040

Eric Brizuela
Management Rights Sales Executive | Brisbane

07 3554 0038