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PERMANENT BUSINESS-ONLY MANAGEMENT RIGHTS OPPORTUNITY IN INNER-CITY BRISBANE | Resort Brokers ID : MRB008652
$974,176
Permanent Management Rights, BRISBANE CITY QLD
We are pleased to present a rare opportunity to acquire two exceptional business-only Management Rights (only 5 minutes apart), offering both an accommodation module and a standard module. Situated in highly desirable inner-city locations, this business provides a strong return on investment, backed by a solid Body Corporate salary. With no requirement to live onsite, no set office hours, and no real estate to purchase, this is an opportunity not to be missed.
These two well-maintained, modern apartment complexes offer a stable, low-maintenance business, making them ideal for a first-time buyer seeking security or an experienced operator looking to expand their portfolio.
Management Rights businesses in prime inner-city locations are highly sought-afterdont miss this opportunity!
Call today to book a private inspection.
- Solid net profit of $182,433
- No requirement to purchase real estate or reside onsite
- No set office hours
- Combined Body Corporate Salary $86,958
- Easy and manageable caretaking duties
- Highly desirable inner-city location
- Attractive return on investment
- Convenient acces to local amentities, Brisbane Grammar School, and Roma Street Parklands
- Inspections by appointment only
Date updated: 01 Apr 2025 00:00:03
More Information
- Total Purchase Price: $974,176
- Net Income: $ 182,433
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours