Proudly supported by all of the industry's leading brokers
HIGH-PERFORMING INNER CITY PERMANENT MLR NOW PRICED TO SELL!
$2,085,500
Permanent management rights, Hendra QLD
HIGH-PERFORMING NORTHSIDE PERMANENT MLR $2,085,500
Proudly presented by Management Rights Brokers Australia
Unlock an exceptional business and lifestyle opportunity with this outstanding permanent management rights operation in one of Brisbanes most sought-after northside suburbs just 12 km from the CBD.
This tranquil complex consisting of attached townhouses and detached 3 & 4 bedroom houses boasts 100+ lots with 36 in the letting pool plus 2 external lets, underpinned by secure long-term accommodation agreements and proactive Body Corporates.
With a verified net profit of $319,568 (including external lets) and an impressive ROI of over 25%, this is a rock-solid investment delivering strong cash flow and lifestyle flexibility.
The managers residence is a beautifully maintained 3-bedroom detached townhouse complete with a separate, on-title office the perfect combination of comfort and convenience.
Key Highlights:
100+ lot complex with 36 in the letting pool (plus 2 external lets)
Holmans-verified net profit: $319,568 (incl externals)
ROI exceeding 25% on business
Long term Accommodation Module agreements in place
Body Corporate salary approx $180K (55% of net operating profit)
Spacious 3-bedroom managers detached house & office on title (Manager's Apt being offered at well below current market value)
Superb location close to schools, shops, parks & transport only 12 km to Brisbane CBD
Flexible hours and no fixed schedule
Now priced to sell at $2,074,000 including managers residence.
Opportunities of this calibre in inner city Brisbane are rare - enquire today to arrange a confidential inspection and secure a premier northside management rights business ready for its next chapter.
More Information
- Total Purchase Price: $2,085,500
- Net Income: $ 319,568
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.9
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
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?