LARGE NET BUSINESS-ONLY IN NEAR-CITY LOCATION

With upside potential, a strong Body Corporate salary and manageable caretaking requirements, this business-only management rights is the perfect add-on or entry level option for a two-person team.

156 modern apartments with quality design and fitout
41 letting appointments, 30 resident owners and 85 outside agents
$270,000 net profit with large portion of BC salary
No requirement to own a unit or reside on-site
No office to manage and no set hours
Upside to be explored by adding in repairs and maintenance
Central communal pool and BBQ area for resident use
Located in booming suburb circa 8km to Brisbane city centre
Opposite Stafford Shopping complex, walk to bus stops & close to Airport Link
15 years remaining on Agreements ready for top-up
Very desirable position with consistent demand for rentals

Listing Ref	MRB006621
Property Type	Management Rights
Sale Type	Management Rights - Business only
State	QLD
Region	Brisbane
Suburb	Stafford

Net Profit	$273,895
Price	$1,377,020

Interested? Why not give Tim Crooks a call on 0417 544 562 or tim@resortbrokers.com.au

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