Business Only and Solid Permanent MR in Teneriffe
Permanent Management Rights for Sale in Teneriffe, QLD — $605,000
Key facts
- Price
- $605,000
- Location
- Teneriffe, QLD 4005
- Type
- Permanent Management Rights
- Net income
- $104,358 (actual)
- Caretaking remuneration
- $72,299
- Agreement term (years)
- 25
- Agreement remaining (years)
- 20
- Listed by
- NEXT International Realty Pty Ltd
- Listing ID
- 21187361
- Last updated
- 2026-09-10
Description
NEXT Realty is proud to present an exclusive opportunity to acquire the business only permanent management rights business in Teneriffe.<br />
<br />
MLR Business Asking for $605,000 on Net Income $104,358<br />
<br />
High quality complex, perfectly located in the prestigious heart of Teneriffe, most sought-after nature environment for quality lifestyle, Tucked within the heritage-rich Woolstore precinct, you're just moments from the Brisbane Riverwalk, Gasworks dining, James St and public transport - with the CBD just minutes away.<br />
<br />
- Great Buildings in Teneriffe Area and all good procedure in place<br />
- Great remuneration $72,299 with annual increase of CPI<br />
- Very solid P&L statement, verified by industry specialist accountant<br />
- 20 years left on Caretaker/Letting Agreements<br />
- Small letting pool - 13 in total, easy and simple <br />
- There is no real estate associated with the business<br />
- No offices hours, be contactable during normal hours<br />
<br />
If you want to buy a great management right business and beautiful lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.
<br />
MLR Business Asking for $605,000 on Net Income $104,358<br />
<br />
High quality complex, perfectly located in the prestigious heart of Teneriffe, most sought-after nature environment for quality lifestyle, Tucked within the heritage-rich Woolstore precinct, you're just moments from the Brisbane Riverwalk, Gasworks dining, James St and public transport - with the CBD just minutes away.<br />
<br />
- Great Buildings in Teneriffe Area and all good procedure in place<br />
- Great remuneration $72,299 with annual increase of CPI<br />
- Very solid P&L statement, verified by industry specialist accountant<br />
- 20 years left on Caretaker/Letting Agreements<br />
- Small letting pool - 13 in total, easy and simple <br />
- There is no real estate associated with the business<br />
- No offices hours, be contactable during normal hours<br />
<br />
If you want to buy a great management right business and beautiful lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team.