BOUTIQUE BUSINESS-ONLY COMPLEX - TOP PICK AS ADD-ON OR FIRST-TIMERS

Ideal candidate for new operators or veteran managers in the local area! This well-established, permanent management rights business is located only 4 km from central Brisbane and has exceptional tenant appeal, minimal common facilities and is easy to manage by one person.

  • Business-only no real estate, no set office hours
  • Decent BC Salary circa. $40,000 p.a. - CPI increase annually
  • 18.5 years left on Caretaking and Letting Agreements
  • Modern mid-rise complex with 6 levels completed in 2016
  • Low maintenance ground level recreation area
  • 20 lettings in the on-site pool
  • Upside potential to grow letting pool
  • On-site office under OA
  • Manager to be contactable during standard office hours
  • All inspections by appointment only
Listing Ref MRB007585
Property Type Management Rights
Sale Type Management Rights - Business only
State QLD
Region Brisbane
Suburb Taringa
Net Profit $71,509
Price $400,000
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Tim Crooks

Interested? Why not give Tim Crooks a call on 0417 544 562 or

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