FIRST TIME TO MARKET - TWELVE MANAGEMENT RIGHTS PORTFOLIO - $2.4M+ NET PROFIT

Rarely to opportunities of such scale, quality and diversity come to market. Offered exclusively by Resort Brokers are the management rights to 12 high quality permanent residential complexes, as well as future off-the-plan potential.

  • Spread over 12 complexes, comprising a total of 847 units, with 629 managed in the onsite letting pools.
  • All complexes on accomodation modules with 20+ years on caretaking and letting agreements.
  • Combined BC salaries in execss of $1M and combined NOPs in excess of $2.4M.
  • Initally offered in one line, in clusters or indivually - individual offerings range from $120K to $400K NOP.
  • All complexes have no set office hours, no requirement to live onsite and are easy to maintain.
  • Majority of MR's are 'business only', although 4 of the larger ones currently have manager's residences available for sale (vendor's preference).
  • All located in prime Brisbane growth suburbs including Cannon Hill, Richlands , Carindale, Hendra, Murarrie, McDowall, and Rochedale.
  • The properties embrace the Azure Living philosophy of elegant and design-led lifestyle, combining value and quality.
  • Scope for future growth through Azure's large off-the-plan pipeline.
  • Contact exclusive agents Tim Crooks or Alex Cook to receive further information.

 

 

Tim Crooks

Interested? Why not give Tim Crooks a call on 0417 544 562 or