Management Rights For Sale
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Key Features:
Manager’s Residence:
Features:
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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/. 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.
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:
- Body Corp Easy to work with
- No set office hours and Manager can live offsite if required
- Long Management Years to run on Contract
- Can be managed by 1 person
- Well run complex,majority family basedtenants who pay punctual rent
- Good location and popular Southside
- 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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