S
SIRE
Synergy International Management Rights
Confidential Enquiries
0404 331 310
Confidential Portfolio Information Memorandum
Brisbane Southside Management Rights Portfolio
Two modern permanent management rights businesses comprising a combined 180 townhouses and 122 permanent letting appointments.
Combined complexes
2
Permanent management rights
Combined units
180
Residential townhouses
Permanent letting pool
122
Combined appointments
Portfolio penetration
67.8%
122 of 180 residences
Agreement tenure
23–24 yrs
Approximately remaining
Weekly rent range
$780–$820
Approximately
The portfolio combines scale, long agreement tenure and two different acquisition structures. One complex includes a spacious four-bedroom manager’s townhouse at bank valuation. The second is a business-only opportunity with no manager’s residence.
Complex 01
120-Townhouse Management Rights
Manager’s Residence
Building and Business
| Building Type | Townhouse complex |
|---|---|
| Total Units | 120 |
| Unit Configuration | Three-bedroom residences |
| Building Age | Approximately 4 years |
| Amenities | No communal facilities |
| Module | Accommodation Module |
| Sinking Fund | Approximately $259,362 |
| Pets | With body corporate approval |
| Permanent Pool | 90 |
| Owners | 30 |
| Original Term | 25 years |
| Years Remaining | Approximately 23 years |
| Software | REI Cloud |
| Office Hours | Nil |
Manager’s Accommodation
| Residence Price |
Call 0404 331 310 At bank valuation |
|---|---|
| Unit Number | 1 |
| Residence Type | Townhouse |
| Description | Spacious modern townhouse |
| Bedrooms | 4 |
| Bathrooms | 2.5 |
| Parking | 2 |
| Air-Conditioned | Yes |
| Office | On title |
| Body Corporate Levy | Approximately $838 per quarter |
| Council Rates | Approximately $546 per quarter |
| Average Weekly Rent | Approximately $780 per week |
| Body Corporate Salary | Refer to profit and loss |
| Net Income | Refer to profit and loss |
Permanent Letting Pool
90
Inside letting appointments
Outside Agent
Nil
No outside agent appointments
Owner Held
30
Residences outside the letting pool
Complex 02
60-Townhouse Business-Only Management Rights
No Manager’s Residence
Building and Business
| Building Type | Townhouse complex |
|---|---|
| Total Units | 60 |
| Unit Configuration | Three-bedroom residences |
| Building Age | Approximately 4 years |
| Amenities | No communal facilities |
| Module | Accommodation Module |
| Sinking Fund | Approximately $159,362 |
| Pets | With body corporate approval |
| Permanent Pool | 32 |
| Outside Agent | 1 |
| Owners | 27 |
| Original Term | 25 years |
| Years Remaining | Approximately 24 years |
| Software | REI Cloud |
| Office Hours | Nil |
Accommodation and Income
| Manager’s Residence | Nil |
|---|---|
| Unit Price | Nil |
| Residence Requirement | Nil |
| Bedrooms | Nil |
| Bathrooms | Nil |
| Parking | Nil |
| Office | Nil |
| Average Weekly Rent | Approximately $820 per week |
| Body Corporate Salary | Refer to profit and loss |
| Salary Review | Subject to CPI |
| Net Income | Refer to profit and loss |
| Management Rights Price | Available to qualified buyers |
Permanent Letting Pool
32
Inside letting appointments
Outside Agent
1
Residence managed externally
Owner Held
27
Residences outside the letting pool
Portfolio Comparison
Portfolio Detail
120-Townhouse Complex
60-Townhouse Complex
Total Units
120
60
Permanent Letting Pool
90
32
Letting Pool Penetration
75%
Approximately 53.3%
Years Remaining
Approximately 23 years
Approximately 24 years
Average Weekly Rent
Approximately $780
Approximately $820
Manager’s Residence
Four-bedroom townhouse at bank valuation
Nil
Management Software
REI Cloud
REI Cloud
Portfolio Price
Call 0404 331 310
Note: All details are as supplied by the vendor and are subject to
purchaser verification.
