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SIRE Management Rights
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Management Rights For Sale 

Key Features:

Manager’s  Residence:
  • Cosy townhouse + large office (own main & back door) + tiled backyard
  • 3 good sized Bedrooms (all with built-in robe) / Central ducting Air Conditioning / Large backyard / Living + Dining / Kitchen / 1 Bathroom/2Toilets / 1 Single Lock up Garage 


Features:
  • Quiet residential complex with a community swimming pool and BBQ
  • Garage for 1 car parking (Remote Door Opener) + 1 Manager Reserved Parking
  • Over 27 parking lots in the complex and off-street private parking for at least 10additional Cars
  • Ducted Daikin Air-conditioning
Key Details:

Property ID:       230320

Property Type:  Permanent Management Rights
Suburb:             
Brisbane Kuraby
Net Profit:          $ 117,780
​Salary:               $59,912
Letting Pool:      12
Manager Unit:    $365,000
Business:           $Call 0404 331 310

Price:                $ By Negotiation

Fill in your information in the box on your right for more information or register for inspection now!
Contact The SIRE Team:
English: 0404 331 310
[email protected]
微信:
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Superb location: Easy 7 mins walk to public transport (Kuraby Station), quick5 mins access to M1, M2 and M3, Underwood/Springwood Shopping Centre, Pineland and Warrigal Square, 8 mins drive to Sunnybank, Sunnybank Hill, Garden City mega shopping mall and IKEA.
Near to Parks: Next to St Andrew Street Park (popular among tenants’ children as it is near and safe), 2min drive to Svoboda Park with full size soccer field and 4 basketball court.
Very Low Body Corp
($59 a week)compared to a few similar complexes nearby.
Council Rates: $303/quarter
Water Rates:$270/quarter
Manager can live offsite if required, the manager unit could be rented at $375/week, producing additional rental income of $19,500 a year.
 
Business:
1/. High-lights for this Management Rights:
  1. Body Corp Easy to work with
  2. No set office hours and Manager can live offsite if required
  3. Long Management Years to run on Contract
  4. Can be managed by 1 person
  5. Well run complex,majority family basedtenants who pay punctual rent
  6. Good location and popular Southside
  7. Additional Income (if manager unit rented out) of $19,500 p.a.
 
1/. 23 Years remaining on contract.
2/. Composition:
44 Townhouses in Complex.
(All 3-Bedroom Units with built-in robe/Large backyard/2Toilets/1Bath/Single Garage)
3/. Leases are written every 6 months, $370/week average.
4/. Good Body Corp relationship. Only 1 committee member lives onsite and the other 2 committees are having their rented townhouses managed by the onsite manager.
5/. Body Corp easy to work with and No Body Corp issues ever. There is only 1 AGM once a year, usual matters are communicated efficiently via email among Body Corporate Manager and committee members.
6/. Very healthy Sinking Fund. Straightforward freestanding buildings/land. 
7/. No employees, can be managed by 1 person.
8/. No set office hours in agreement.  Very well-run complex, all procedures documented. Grounds easy care approximately 10-15 hrs (average) caretaking per week.
9/. Manager can live offsite if required and additional rental income of $19,500 a year if manager’s unit rented out.
10/. Consistently high occupancy rates.  Complex very popular southside, given their good size bedroom &good location. Quiet residential complex close to all amenities including schools, public transport and shopping centres.
11/. Stable tenants: 95% tenants are family based who are stable renters who pay rent very punctually. Many renters have lived for more than 5 years and often happy to refer friends to rent and live in the complex.
12/. Only a handful investor owners bought the property within last 3 years. Majority of owners are original owners from complex incorporation have very low mortgages (if any) and are happy with high returns and don’t quibble about necessary maintenance costs.
13/. Owner occupiers mostly are long residents and some are former tenants who are happy with the onsite manager and decided to live permanently in the well maintained complex.
14/. While small pet requires approval from Body Corporate, currently there is no pet in all the rented and owner occupier units.​
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SIRE Management Rights
433 Logan Road Stones Corner
QLD 4120 Australia
P. 0404 331 310 E. [email protected]
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