Exclusive

RARE TOOWONG PERMANENT MANAGEMENT RIGHTS – NETTING $493,961

ResortBrokers presents a rare opportunity to acquire a business-only permanent management rights offering in Toowong, just minutes from the Brisbane CBD. Offered after long-term ownership, it is a secure, straightforward acquisition for an experienced operator looking to expand their portfolio.

  • Circa 200 apartments with approximately 50 in the onsite letting pool
  • Underpinned with $304,000 BC salary representing over 60% of the net profit
  • Fully established, permanent complexes with low maintenance facilities
  • All agreements have over 20 years on the remaining term
  • No set office hours (contactable by phone) in the agreements
  • No real estate to purchase and no requirement to live onsite
  • Contact Jeff or Tim today to arrange your inspection!
Listing Ref MRB009320
Property Type Management Rights
Sale Type Management Rights - Business only
State QLD
Region Brisbane
Suburb BRISBANE
Net Profit $493,961
Price $3,065,000
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Jeff Keast

Interested? Why not give Jeff Keast a call on 0414 669 007 or

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Tim Crooks
Phone Enquire Now