Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net

Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net

$1,095,000Price Reduced

Great opportunity to purchase the management rights to a high quality townhouse complex that only opened in late 2016. With most units now secured in the letting pool and fully tenanted, and a few final units to settle in the next month or two, this is a brand new complex that comes as a fully established business!

Key Features

  • Near new 59 x 3 bedroom townhouse complex in growth corridor of North Brisbane
  • All units managed in on-site letting pool
  • Very clean projected P&L – only based on BC salary and letting charges
  • Good scope to implement additional income streams and grow bottom line.
  • 25 years remaining on caretaking and letting agreements.
  • Great location - Dakabin set to follow success of neighbouring suburbs North Lakes and Mango Hill 
  • Great value / high quality 3 bedroom, 2 bath, 2 car park manager’s residence ($375,000) 
  • Call Alex Cook on 0467 600 610 or Brent Staker on 0410 344 344 for more details

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004705
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Dakabin
Sale Type: Management Rights - All
Net Profit: $166,000
Price: $1,095,000

Listing Agent(s)

Agent Feedback

Alex had our business sold within a week for the asking price. Also he had a back up offer for the same price, his professionalism and work ethics are second to none.

- Laraine & Col Fields
Previous vendors,
Emerald Village Apartments

We have recently concluded the sale of our busy holiday resort, and feel very fortunate indeed that Alex Cook of Resort Brokers was our Agent throughout this process.We started the sale process by meeting with several brokers, all of whom where very experienced and had excellent reputations, however, once we met Alex we knew that we would be in good hands through the inevitable challenges of the sales process.Alex proved to be very hard working, proactive, and resourceful. Importantly, he has excellent relationships with all the key specialists in the Management Rights industry - Accountants, Valuers, Financiers, Finance Brokers and Lawyers. Without exception, all of the specialists we worked with throughout the sale process all held Alex in the highest regard, and there was always a congenial and cooperative attitude from them as we worked through the key steps in the sale. I believe that Alex was able to achieve the best possible outcome.We are grateful for his enthusiasm, his focus and his positive attitude, and would have no reservations whatsoever in highly recommending him to any Resident Letting Agent who is thinking of selling.

- Darren & Judy Ackland
Vendor,
Blue Waters Apartments

Thank you Alex for the superlative effort you put in on our behalf to sell our management rights business.  We're sure that you'll agree that it wasn't without challenge from both parties but your tireless positive attitude and willingness to listen and facilitate, were key factors in the success of the process.

- Peter and Kim Holthouse WINDSURFER RESORT