OTP Business Only MR With Manager Friendly Agreements
OTP Business Only MR With Manager Friendly Agreements
OTP Business Only MR With Manager Friendly Agreements
OTP Business Only MR With Manager Friendly Agreements

OTP Business Only MR With Manager Friendly Agreements

$599,859Sold

With no real estate involved and a projected net income of $140k plus, this will not last long. Buy now and start earning with settlement in August.

Key Features

  • Generous Caretaking Salary of $65,000 ($1,350 +/lot) in an apartment building. 
  • 20% (YES 20%!!!!) increase in caretaking salary at the anniversary of year 1 with 5% annual increases thereafter
  • Projected net income of $142,824 per annum.
  • Completion due in August - buy now and start earning soon!
  • 25 year agreement from settlement. 
  • Huge local tenant base - only 1 kilometres from the Enoggera Army Base and 10 minutes drive from other employment hubs like hospitals, the Brisbane Airport & the CBD.
  • The developer is looking to lock in an operator NOW so submit an offer coupled with a resume with your industry experience or you will miss out.

 NB: Property inspections are by appointment only

Key Details

Listing Ref: OTP004119
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Alderley
Sale Type: Management Rights - Off the Plan
Net Profit: $142,000
Price: $599,859

Location

Listing Agent(s)

Agent Feedback

You did a great job Gareth. Very diligent and your support of the incoming purchaser is very useful. You have gone above and beyond the role of an agent, thankyou.

- James Adam
Director,
PORTFOLIO GROUP

We recently engaged Gareth Closter and Resort Brokers to sell our Management Rights at Kelvin Grove. Gareth was very thorough in explaining the entire process and demonstrated great communication skills throughout the entire transaction. Gareth was always contactable and very easy to deal with. I would have no hesitation in recommending Gareth and Resort Brokers to anyone looking to sell or purchase Management Rights in the future!

- Sarah Williams
Vendor ,
PPS Property Management

Tim is helpful, friendly and passionate about the management rights industry and it is a pleasure to work with such a professional who takes a long term outlook on the industry.

- Michael Kent
Queensland Development Manager,
PELLICANO GROUP