Maximise Your Income - Become Managing Partners In Central Brisbane
Maximise Your Income - Become Managing Partners In Central Brisbane
Maximise Your Income - Become Managing Partners In Central Brisbane
Maximise Your Income - Become Managing Partners In Central Brisbane
Maximise Your Income - Become Managing Partners In Central Brisbane
Maximise Your Income - Become Managing Partners In Central Brisbane
Maximise Your Income - Become Managing Partners In Central Brisbane
Maximise Your Income - Become Managing Partners In Central Brisbane
Maximise Your Income - Become Managing Partners In Central Brisbane

Maximise Your Income - Become Managing Partners In Central Brisbane

$792,000Sold

Golden opportunity for an experienced management couple to become the managing partners in an established Brisbane partnership, earning a fantastic return on investment.

Key Features

  • Student focussed management rights business in prime central Brisbane location
  • 6 level mid-rise comprising of 75 apartments with 40 in on-site letting pool
  • Advertised price based on a 30% equity share – current owners flexible on equity share (could be more or less)
  • Advertised net profit based on a $90,000 salary + 30% share of operating profit + $20,000 for management of small external rent roll (no value attributed to rent roll in asking price)
  • Very pro-active and friendly partnership – very keen to support and assist new management couple into role
  • Incentives on offer for management couple able to grow and improve business
  • Clear and identifiable upside in various aspects of the business
  • 3 bedroom, 2 bathroom managers residence – paid for by partnership
  • Call Alex Cook on 0467 600610 for more details – experienced managers preferred

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004419
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: South Brisbane
Sale Type: Management Rights - All
Net Profit: $202,000
Price: $792,000

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

Both my wife and I are extremely grateful to Alex and the team at Resort Brokers as it’s resulted in a satisfactory outcome and has made the whole process as stress free as the trauma of selling your Management rights can be.

- Peter and Marg Fisher SURFERS PARADISE

It has been a great experience for us to work with Jessica in the bidding process for Bohemia, West End management rights.  We have been impressed by her professionalism, deep knowledge, and extensive experience in the industry, particularly in the off-the-plan sector.  Her advice has been very helpful and the support is greatly appreciated by us.  We look forward to the next opportunity to work together.

- JJ & Brenda
Vendor,
Bohemia, West End