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Who Else Wants to make $372,927.74 net income in the management rights industry and live wherever you want - Permanent Letting only
At Last! Everything you ever wanted in a management rights business.
· Are you looking for a permanent management rights that makes big net income and
allows you to live wherever you want to?
· Is location important to you so you have tenants and buyers approach you all the time
to rent or invest in your building?
· Do you want a friendly body corporate and as little as owner occupiers as possible?
· Are you looking for a building with minimal caretaking duties?
If you answered "yes" to the any of the questions above, then this may very well be the most exciting management rights for sale in Brisbane you've came across this year. Here's why...
We are delighted to present to you a permanent letting management rights business located in the Brisbane inner city area.
Located in the busiest business district in Brisbane there is unlimited demand from professionals who enjoy a vibrant urban yet quiet city life, walk to Queen street, train station, James street, great pool with car park.
Residents and visitors from around Brisbane every weekend visit this hub of entertainment venues, cafes, night clubs, galleries and restaurants. The public transport services are excellent with a train station and regular bus services to anywhere you want to go.
Year Built: 2004
Building Type: Units
Total Number of Units: 118
Units in Letting Pool: 97 (11 outside properties)
Terms of Agreement: 22
Module Type: Accommodation Module
Manager's Unit: No Requirement to buy unit
Pet Permitted: Body Corporate Approval
Office: Exclusive use
Office Hours: No set office hours in agreement
Body Corporate Levies: NIL (No requirement to buy units)
Body Corporate company: Body Corp Services
Body Corporate Remuneration: $147,007.32
Average Rent Rate: $500 - $650
Net Income: $372,927.74
Unit Price: N/A
Business Price: 1,939,270.00
Asking Price: 1,939270.00
Please download and fill out the Confidentiality agreement and email back for an inspection, Or call Richard on 0404331310 to ask questions.