Fantastic Opportunity to Purchase a 71 Unit Town Home Management Rights
Fantastic Opportunity to Purchase a 71 Unit Town Home Management Rights
Fantastic Opportunity to Purchase a 71 Unit Town Home Management Rights
Fantastic Opportunity to Purchase a 71 Unit Town Home Management Rights

Fantastic Opportunity to Purchase a 71 Unit Town Home Management Rights

Expression of InterestUnder Offer

One of Heran Building Group's newest residential communities. This is a fantastic opportunity to buy an off the plan management rights, get all the new letting fees, pay GST in lieu of stamp duty and develop this business to your standard.

Key Features

  • A 71 unit complex in a high growth, high rental location
  • A large off the plan management rights that will generate a substantial income
  • Business price subject to an adjustment for each unit less in the pool at the adjustment date
  • 100% occupancy is expected in this high growth suburb of Richlands
  • A secure Body Corporate remuneration of $72,000 with CPI increases per annum
  • No set business price - EOI only - this will interest many experienced buyers
  • A beautiful three bedroom manager’s residence with attached office
  • A quiet peaceful life style close to everything that one could need

NB: Property inspections are by appointment only

Key Details

Listing Ref: OTP004475
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Richlands
Sale Type: Management Rights - Off the Plan
Net Profit: $182,225 Projected
Price: Expression of Interest

Listing Agent(s)

Agent Feedback

We are impressed with Neville's knowledge of the industry and your professional approach in appraising the business, also with getting all the information and putting together the advertising.

- Lou Sprangers & Adria Stoffels
Previous Vendors,
Waterview Margate Beach

We have been associated with Neville Littleton since 2010. From 2010 to present Neville visited often and was given the opportunity to list our two complexes for sale in 2015. Neville was successful in selling our complexes and during the process we found him to be very diligent ,courteous and kept us informed of proceedings.We confirm that Neville is a man of great integrity and dedicated to his work and found that no question (whether small or big) was too much trouble for him. We are happy to recommend Neville Littleton to anyone wishing to list their Management Rights.

- Daniel and Betty Flynn
Owners,
Management Rights

Neville was very prompt with your appointments and kept the prospect buyers well informed about all aspects of our business. All this resulted in an offer equal to the asking price and being accepted by us within fourteen days of listing.Neville this is a great result and we sincerely thank you for this.We hope to do more business with you in the near future.

- Lou Sprangers and Adria Stoffels
Previous Vendors,
Waterview Margate Beach