Modern Business Only apartment complex with 24 year agreements

This outstanding Management Rights features a near new complex with NO requirement to buy real estate or reside onsite. Great add on for local operators or for first time operators.

  • Near new building with 62 units and 47 in the letting pool
  • Upside with growth in rents and NO Repairs & Maintenance or "other" income in the P&L
  • Ideal size business with manageable caretaking workload
  • Rooftop recreation area but NO pool or BBQ to maintain
  • Business could easily be run by one person
  • Long term remaining of accomodation agreements
  • Beautiful leafy location with all the amenity tenants could need nearby
  • Property inspections are by appointment only
Listing Ref MRB006636
Property Type Management Rights
Sale Type Management Rights - Business only
State QLD
Region Brisbane
Suburb Chermside
Net Profit $150,739
Price $829,062
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Jeff Keast

Interested? Why not give Jeff Keast a call on 0414 669 007 or

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