Cracking Business Only Management Rights With Fantastic Agreements
Cracking Business Only Management Rights With Fantastic Agreements
Cracking Business Only Management Rights With Fantastic Agreements
Cracking Business Only Management Rights With Fantastic Agreements
Cracking Business Only Management Rights With Fantastic Agreements
Cracking Business Only Management Rights With Fantastic Agreements
Cracking Business Only Management Rights With Fantastic Agreements
Cracking Business Only Management Rights With Fantastic Agreements
Cracking Business Only Management Rights With Fantastic Agreements
Cracking Business Only Management Rights With Fantastic Agreements

Cracking Business Only Management Rights With Fantastic Agreements

$545,000Sold

With no real estate to purchase and a net income of $107,755, this will not last long. Long agreements, on-site office and manager's parking bay - What more could you want?

Key Features

  • Generous caretaking salary of $58,040 ($1,200 + /lot) in an apartment building
  • Business only with office, managers parking bay & reasonable caretaking duties
  • Current Net Income $107,755 p.a.
  • 23 year agreement - A near new building without all the drama and risk of buying off the plan 
  • 36 units in the letting pool out of a total of 48 allows for upside in the future
  • 19 of the 36 units in the NRAS scheme which will minimise any letting pressures
  • Ideal add on business for local operator

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MRB004398
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Nundah
Sale Type: Management Rights - Business only
Net Profit: $107,755
Price: $545,000

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 appointed Resort Brokers, particularly Gareth Closter, to sell a large M R business as we felt, because of previous experience, that Gareth is hard working and would do a good job for us. He exceeded our expectations in achieving a 6 times multiplier. Gareth and Resort Brokers are our go to people when buying or selling Management Rights. I have no reservations in recommending them.

- John Sklavos
Vendor,
Portside Property Services Hamilton Wharf

As a first time purchaser of a leasehold motel, Nathan provided a good balance between working for the vendor and ensuring us as purchasers that we had the right information and support to see the transaction through. Negotiations are never easy and Nathan managed expectations on both sides of the transaction in a professional way that left both sides content with the price outcome. I would have no reservations in recommending or using Nathan or Resort Brokers in the future.

- Scott Campbell
Managing Director,
ISTAPR P/L