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Accommodation/Tourism
MURRUMBA DOWNS, QLD
$186,354 Net & 4 Bed Freestanding House Brisbane Northside - ID 9217
Murrumba Downs, QLD, 4503
Accommodation/tourism · Management Rights
$1,588,000
Permanent Management Rights For SaleSimple Duties & Almost 25 Years Full Term This business features a very strong and secure Body Corporate salary of $102,787 plus GST, with annual CPI increases. All permanent letting only letting pool of 32 units, with 11 units currently managed by outside agents, offering clear upside potential. Simple caretaking duties requiring only a few hours per week, providing excellent flexibility and lifestyle balance. Strong net operating profit of $186,354. Long-term 25-year agreements with over 24 years remaining virtually the full term. A spacious and well-presented two-level freestanding house featuring 4 bedrooms, 2.5 bathrooms, and a double garage. Large, professional on-title office. Low multiplier of only 4.23 for a Brisbane Northside opportunity. Superior and highly convenient location close to all amenities. This easy-to-manage management rights business, combined with a large double story four-bedroom managers freestanding residence in one of Brisbanes most popular northside locations, represents a rare and highly attractive opportunity that will not last long. Net Profit: $186,354Asking Price: $1,588,000(Inclusive of Manager's Real Estate) For further information or to arrange an inspection of this Brisbane Management Rights business for sale contact:Management Rights BrokerBill HeProperty Code: 1099
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