Modern Permanent Management Rights in Brisbane
Modern Permanent Management Rights in Brisbane
Modern Permanent Management Rights in Brisbane
Modern Permanent Management Rights in Brisbane
Modern Permanent Management Rights in Brisbane
Modern Permanent Management Rights in Brisbane
Modern Permanent Management Rights in Brisbane
Modern Permanent Management Rights in Brisbane
Modern Permanent Management Rights in Brisbane
Modern Permanent Management Rights in Brisbane

Modern Permanent Management Rights in Brisbane

$1,850,000Sold

Great opportunity to acquire a high quality, permanent residential management business in the sought after suburb of Teneriffe, with plenty of upside opportunity for a professional, hands-on management couple.

Key Features

  • 189 apartments, with 34 in the on-site letting pool.
  • Large number of units managed by outside agents – good scope to grow letting pool.
  • Low multipliers used to price business – great return.
  • Prime location close to the river in the affluent suburb of Teneriffe.
  • Spacious, modern three bedroom, two bathroom manager’s residence with large balcony and two car spaces.
  • Detached, spacious, professional office located by front entrance to complex.
  • Great upside potential for professional management couple.
  • Call Alex Cook on 0467 600 610 for more details.

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004097
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Teneriffe
Sale Type: Management Rights - All
Net Profit: $310,565
Price: $1,850,000

Location

Listing Agent(s)

Agent Feedback

We have recently concluded the sale of our busy holiday resort, and feel very fortunate indeed that Alex Cook of Resort Brokers was our Agent throughout this process.We started the sale process by meeting with several brokers, all of whom where very experienced and had excellent reputations, however, once we met Alex we knew that we would be in good hands through the inevitable challenges of the sales process.Alex proved to be very hard working, proactive, and resourceful. Importantly, he has excellent relationships with all the key specialists in the Management Rights industry - Accountants, Valuers, Financiers, Finance Brokers and Lawyers. Without exception, all of the specialists we worked with throughout the sale process all held Alex in the highest regard, and there was always a congenial and cooperative attitude from them as we worked through the key steps in the sale. I believe that Alex was able to achieve the best possible outcome.We are grateful for his enthusiasm, his focus and his positive attitude, and would have no reservations whatsoever in highly recommending him to any Resident Letting Agent who is thinking of selling.

- Darren & Judy Ackland
Vendor,
Blue Waters Apartments

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

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