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Townsville Permanent Management Rights with Exceptional Remuneration
Rosslea, QLD, 4812
Accommodation/tourism
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Management Rights
$1,699,000
An outstanding opportunity to acquire a quality permanent management rights business located within one of Townsville's most sought-after residential precincts. This management rights opportunity presents an outstanding opportunity with an exceptionally strong Body Corporate salary of $252k per annum and a secure 23 years remaining on the accommodation module agreements. Combined with the flexibility of NO set office hours, this business offers an enviable lifestyle with reliable income. Currently managing 20 apartments in the letting pool, there is excellent scope for future growth by securing the 7 outside agents back into the letting pool and selling within the complex.The manager's residence comprises a spacious two-bedroom, two-bathroom apartment with one secure car space. Included on title is a large, air-conditioned office consisting of two separate rooms, providing an ideal and professional workspace for the business.Positioned alongside the picturesque Ross River, this immaculately presented gated estate comprises 108 spacious two and three-bedroom apartments. With resort style pool and peaceful lifestyle, the complex is highly regarded by long-term tenants.The location is second to none, with walking and cycling paths at your doorstep and convenient access to Townsville University Hospital, James Cook University, Lavarack Barracks and the Townsville CBD. These major employment hubs continue to drive strong demand for quality rental accommodation, providing excellent stability for the business.Whether you are an experienced operator or entering the management rights industry, this is a rare opportunity to acquire a quality permanent business backed by an outstanding salary, long-term agreements and significant growth potential.Business Highlights:* Exceptional Body Corporate salary of $252k + GST* Secure 23 years remaining on the accommodation module agreements * NO set office hours, providing outstanding lifestyle flexibility* Currently 20 apartments in the letting pool with opportunity to increaseOpportunities of this calibre are rarely available, contact Rebecca today for further information.Net Profit: $296,480Property Code: 129
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