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Accommodation & Tourism Businesses for Sale in Thorneside, QLD

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Accommodation/Tourism
THORNESIDE, QLD
Stable Income - 87% from Salary | Net Profit $196,034 - ID 9235
Stable Income - 87% from Salary | Net Profit $196,034 - ID 9235
Thorneside, QLD, 4158
Accommodation/tourism · Management Rights
$1,650,000
Permanent Management Rights For SaleHuge Income Upside Potential & Low Multiplier - High Body Corporate remuneration of $172,071 plus GST, increasing annually in line with CPI, represents approximately 87% of the total net profit, providing exceptional income security and stability. - No set office hours, allowing you the flexibility to manage your own schedule while enjoying an ideal semi-retirement lifestyle. - Simple and easy caretaking duties. - Very high net profit of $196,034. - All permanent rentals, with a current letting pool of only 18 units, together with a substantial number of units managed by outside agents, providing significant future income growth opportunities through expansion of the letting pool. - Secure 10-year Standard Module agreement, with the full 10-year term remaining. - Supportive and cooperative Body Corporate Committee - Low multiplier only 3.95 - Large manager's townhouse featuring 3 bedrooms, 1.5 bathrooms, a single lock-up garage, and air conditioning - Private courtyard together with a spacious professional office on title featuring a separate entrance. - Conveniently located within a peaceful residential environment. - Total Asking Price: $1,650,000 (including the spacious three-bedroom manager's townhouse). If you are looking for a management rights business with exceptionally secure income and an easy lifestyle, this outstanding opportunity deserves your attention.No more searchingyour ideal management rights business is right here!Net Profit: $196,034Asking Price $1,650,000(Inclusive of Manager's Real Estate) For further information or to arrange an insepction of this Moreton Bay Management Rights business for sale contact:Management Rights BrokerBill HeProperty Code: 1181
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