High Rumination, 22 years, NO onsite
This is an exceptional opportunity to acquire a well-established and tightly held management rights business in the heart of Strathpine. First time on the market in 12 years.
Positioned in a highly convenient location, this complex offers unbeatable lifestyle and business advantages. Residents enjoy easy access to Strathpine Centre, local cafes, medical services, quality schools, and parklands. Public transport is a breeze, with Strathpine train station just minutes away, and excellent road connections to the Bruce Highway and Brisbane CBD.
Business Highlights:
- Long agreement of 22+ years remaining on agreements
- Remuneration covers approx. 87% of total income to offer exceptional stability and reliability
- All units are two-bedroom with single lock-up garage, easy to find the tenants
- Unique managerâs unit: standard 2-bedroom layout plus an additional 1-bedroom and second garage, ideal for office use or flexible rental setup
- No requirement to live onsite, extra manager unit rental income to boost the return on the investment and provide the flexibility for some existing business owners or even first time buyers who prefers to live offsite
- Low ratio of letting pool to increase the opportunity for extra lettings or lower the risk for the unit sales transaction
- Big potential to increase the income for acting the sales agent for current owners occupied
- NO gate and facilities to make the maintenance much easier.
This is a rock-solid, low-risk management rights business, it's perfect for a couple, semi-retiree or first-time operator looking for a secure income stream with lifestyle flexibility.
Donât miss this rare offering in a sought after Brisbane growth corridor. Contact exclusive agent, Celine today for a full information pack or to arrange your inspection.
REF: