The Perfect Business Only Management Rights!
The Perfect Business Only Management Rights!
The Perfect Business Only Management Rights!
The Perfect Business Only Management Rights!
The Perfect Business Only Management Rights!
The Perfect Business Only Management Rights!
The Perfect Business Only Management Rights!
The Perfect Business Only Management Rights!

The Perfect Business Only Management Rights!

$347,866Sold

Montrose @ Taringa is a near new complex in a great street within the leafy inner suburb of Taringa. There is no real estate to buy and no set office hours making this a great business only management rights. The letting pool is strong with 26 of the 31 units currently let by the manager with the balance of units being owner occupied.

Key Features

  • Brand new complex 
 Fantastic to operate - your choice - easy to run as an ”add-on” or lifestyle 
business
  • 
Net profit of nearly $74,014 per year 

  • Strong letting pool of 26 in total complex of 31 units 

  • Long 23 year, 4 month term on a 25 year agreement 

  • Modern one and two bedroom unit complex

NB: Property inspections are by appointment only

Key Details

Listing Ref: MRB004479
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Taringa
Sale Type: Management Rights - Business only
Net Profit: $74,014
Price: $347,866

Listing Agent(s)

Agent Feedback

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

The recent sale of our large motel was tricky and stressful to say the least. Throughout the transaction Nathan guided both us as vendors and the buyers through the process with professionalism & composure. His friendly & outgoing manner ensured that all inspections were simple and relaxed everyone. His knowledge and ability under pressure ensured we made it to settlement day.  We would thoroughly recommend Resort Brokers and Nathan to anyone looking at selling their business.

- Melanie
Vendor,
Pegasus Motor Inn