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

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

I am not often moved to write to record my appreciation and recognition of outstandingly excellent work and good practice. This is because I have seldom found it.  This is not the case with Alex Cook and Resort Brokers.  The whole experience from the initial appraisal to the signing of the contract and later advice that the purchaser's finance had been approved has been of the highest order.    

- Peter & Marg Fisher SURFERS PARADISE

The punctuality of yourself and every member of your team cannot be faulted.  We felt very comfortable with you and felt confident that you could get us the best possible price for our management rights.  We wouldn't hesitate to recommend you to anybody who is contemplating selling or buying and wish you all the continued success.

- Peter and Marg Fisher SURFERS PARADISE