618

Management Rights
For Sale

100

Motels / Hotels
For Sale

19

Caravan Parks
For Sale

400

Investment Property
For Sale
Exclusive
  • management rights Brisbane
  • management rights Brisbane
  • management rights Brisbane
  • management rights Brisbane
  • management rights Brisbane
  • management rights Brisbane

Golden Opportunity in the heart of Brisbane CBD

$1,354,000

Permanent management rights, Brisbane City QLD

Perfect location!!Perfect Location!!Perfect Location!!

Fantastic furnished permanent apartment management right, centre location of Brisbane city. Within walking distance to Brisbane CBD, Fortitude Valley and the beautiful Brisbane river board walk, next to shopping centre. Amenities in this apartment include an air conditioned gym, sauna and spa. It is a very popular building to rent for city workers and international students. Excellent income with big manager unit. There are 30 units in the letting pool. Easy manage complex with minimum work to do. Stable tenants and friendly atmosphere

More Information

Financial Overview

  • Total Purchase Price: $1,354,000
  • Net Income: $ 140,104 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 600,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Multiplier: undisclosed
    Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.

Letting Business

  • Letting Pool: 28
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 7
    Number of units resided in by their owners.
  • Lock Ups: 1
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 3
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 41
    The total number of units within the complex.

    • Caretaking

  • Remuneration: $ 60,948
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 25 years
    How long is the caretaking contract.
  • Agreement Remaining: 21 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 1 years
    How long has the management rights existed.
  • Office Hours: no
    Required Office Hours
  • Complex Features: Perfect location!!Perfect Location!!Perfect Location!!

    • Real Estate Component

  • Manager's Unit:   3 1
  • Included Real Estate: $ 600,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 2
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: No
    Can the manager own a pet on site?
  • Unit Features: Large three bedrooms unit with office on title

    • Listing Agent Contact Details

    Similar Properties

    Exclusive $1,354,000

    Permanent Management Rights

    Brisbane City, Brisbane
    • Net Income: $ 140,104 (actual)
    • Remuneration: $ 60,948
    • Letting Pool: 28
    • Manager's Estate (incl): $ 600,000   3   1
    Exclusive Will SOLD at Valuation $1.29mil

    Permanent Management Rights

    West End, Brisbane
    • Net Income: $ 128,656 (actual)
    • Remuneration: $ 84,866
    • Manager's Estate (incl): $ 670,000   2   2     Pet Friendly
    $3,200,000.00

    Permanent Management Rights

    South Brisbane, Brisbane
    • Net Income: $ 439,467 (actual)
    • Remuneration: $ 65,000
    • Letting Pool: 122
    • Manager's Estate (incl): $ 550,000   0   0
    Exclusive $910000

    Permanent Management Rights

    Kangaroo Point, Brisbane
    • Net Income: $ 92,705 (actual)
    • Remuneration: $ 58,716
    • Letting Pool: 11
    • Manager's Estate (incl): $ 550,000   2   2
    $1,235,000

    Permanent Management Rights

    Teneriffe, Brisbane
    • Net Income: $ 112,789 (actual)
    • Remuneration: $ 65,696
    • Letting Pool: 18
    • Manager's Estate (incl): $ 750,000   3   2
    $1,236,000

    Permanent Management Rights

    Teneriffe, Brisbane
    • Net Income: $ 112,658 (actual)
    • Remuneration: $ 65,595
    • Letting Pool: 18
    • Manager's Estate (incl): $ 730,000   3   2
    $1,750,000

    Permanent Management Rights

    South Brisbane, Brisbane
    • Net Income: $ 243,600 (actual)
    • Remuneration: $ 56,990
    • Letting Pool: 31
    • Manager's Estate (incl): $ 550,000   2   2
    Exclusive $2,250,000 to 2,300,000

    Permanent Management Rights

    Greater Brisbane Region, Brisbane
    • Net Income: $ 285,596 (actual)
    • Remuneration: $ 184,273
    • Manager's Estate (incl): $ 699,000   2   2     Pet Friendly
    Exclusive $744,000

    Permanent Management Rights

    Kangaroo Point, Brisbane
    • Net Income: $ 48,000 (actual)
    • Remuneration: $ 36,429
    • Letting Pool: 6
    • Manager's Estate (incl): $ 600,000   2   2
    Will Consider All Offers.

    Permanent Management Rights

    West End, Brisbane
    • Net Income: $ 320,000 (actual)
    • Remuneration: $ 160,000
    • Letting Pool: 55
    • Manager's Estate (incl): $ 700,000   2   2     Pet Friendly
    $2,300,000

    Permanent Management Rights

    Fortitude Valley, Brisbane
    • Net Income: $ 307,000 (actual)
    • Remuneration: $ 70,000
    • Letting Pool: 25
    • Manager's Estate (incl): $ 550,000   2   2
    Exclusive 1,845,880

    Permanent Management Rights

    Woolloongabba, Brisbane
    • Net Income: $ 231,000 (actual)
    • Remuneration: $ 126,564
    • Letting Pool: 44
    • Manager's Estate (incl): $ 580,000   3   2
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    • Property ID: 3912634
    • Broker's Ref:
      • =755862
    • Last Update: 1 week ago.
    • Listing Type: Permanent
    • Price: $1,354,000
    • Brisbane City, QLD