Almost No Facilities, Business Only - ID 9195

Permanent Management Rights for Sale
Net $178,052 - Prime Chermside Location

• No requirement to live onsite.

• No need to purchase real estate.

• No office hours required.

• No swimming pool to maintain.

• 25-year agreement with 21 years remaining.

• Strong income upside potential.

• Stable Body Corporate salary of $68,976 + GST, with annual CPI increases.

• Simple caretaking duties.

• Centrally located in convenient Chermside.

• Almost no garden.

• Garbage bin looked after by council.

• Net profit of $178,052.

• All permanent rentals with a letting pool of 36 units.

• Exclusive-use office and storage for the manager.

• Asking price: $980,000 only.

Simple, high-return business-only opportunity in Chermside you wont want to miss!

Net Profit: $178,052
Asking Price: $980,000

For further information or to arrange an inspection of this business opportunity contact:
Management Rights Broker
Bill He

Property Code: 1001