4.0X Multiplier 188 Combined Unit Complex, 84 Outside Agents
4.0X Multiplier 188 Combined Unit Complex, 84 Outside Agents
4.0X Multiplier 188 Combined Unit Complex, 84 Outside Agents
4.0X Multiplier 188 Combined Unit Complex, 84 Outside Agents
4.0X Multiplier 188 Combined Unit Complex, 84 Outside Agents
4.0X Multiplier 188 Combined Unit Complex, 84 Outside Agents
4.0X Multiplier 188 Combined Unit Complex, 84 Outside Agents
4.0X Multiplier 188 Combined Unit Complex, 84 Outside Agents
4.0X Multiplier 188 Combined Unit Complex, 84 Outside Agents
4.0X Multiplier 188 Combined Unit Complex, 84 Outside Agents

4.0X Multiplier 188 Combined Unit Complex, 84 Outside Agents

$1,600,000

These Complexes don’t come up for sale very often. Low Multiplier and massive room for growth. Vendor says present all reasonable offers. Easily managed by one person. Massive 188 units combined with 84 outside agents. This MR business has so much more room for growth.

Key Features

  • Extra net income on repairs and maintenance
  • Very clean P&L – good scope to grow additional income streams
  • 84 outside agents
  • Massive scope for expansion
  • Large 3-bedroom managers apartment
  • No set office hours
  • Low maintenance complex

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005096
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Carrara
Sale Type: Management Rights - All
Net Profit: $205,000
Price: $1,600,000

Listing Agent(s)

Agent Feedback

To whom it may concer, recently my wife and I purchased a management rights business through Paul Mueller. From the first phone contact with Paul, we were kept completely informed and received first class treatment. Like all management rights purchases nothing goes completely to plan, when things needed to be chased up Paul was always on the job, working with ourselves and the seller. I would recommend Paul to anyone who wishes to market their business or to a buyer in the market for a new venture.

- Steve Siddaway
Vendor,
Fivechester - Rise - Ascent

Jenny was very professional in her approach and helped us learn a lot more about the process of management rights purchasing. We had numerous variables in our way but Jenny never gave up on us. I would recommend Jenny to any purchaser and assure them they are in safe hands.

- Donald and Karen Shaw
Buyer,
Rainbow Commodore Apartments

Thank you, Jenny Sorenson, for the great effort you put in to sell our management rights business at a satisfactory price. The whole process was managed professionally and smoothly, thanks to your great negotiating and problem solving skills. We can highly recommend you to anyone who wants an agent they can trust and be confident with, to achieve a great outcome for buyer and seller.

- Don and Laurel McKenzie
Previous Owners,
Cordoba Manors