Bayside Management Rights Beckons with Net over $150K + upside opportunity!

This neatly established management rights business offers a solid and secure business investment with great income, flexible working hours and a great home in the bayside area of Cleveland. Coupled with manageable caretaking duties, an on-site letting pool and the option to buy an external rent roll for added income, this is one to be considered by both newcomers and experienced operators.

There is a huge upside to generate an extra income with an optional external rent roll of 10 at a 2.5x multiplier.

Nestled within the coveted catchment area of prestigious private schools in Queensland, this property boasts a prime bayside location, providing unparalleled proximity to a plethora of amenities.

Don’t miss out on your chance to secure this prime management rights opportunity, contact Jeff today.

  • Exceptional return on investment
  • Long-term security with recently topped-up standard module agreements for 10 years
  • Net profit over $150,000 underpinned by solid Body Corporate salary of $119,558
  • Flexible work-life balance with no set office hours
  • Attractive and well-maintained townhouse complex with 75 units and 16 in the pool
  • Very manageable caretaking duties with pool and gardens
  • Spacious 3-bedroom, 2-bathroom manager's residence with attached office on title
  • Additional income option via an external rent roll of 10 units available for purchase at 2.5x multiplier
  • Located in the catchment area of some of Qld's most elite private schools
  • Prime bayside location, close to a variety of amenities including cafes, restaurants and transport
  • Inspections are by appointment only

 

 

 

Listing Ref MR008087
Property Type Management Rights
Sale Type Management Rights - All
State QLD
Region Brisbane
Suburb Cleveland
Net Profit $150,047
Price $1,109,000
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Jeff Keast

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

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