Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net
Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net

Near New, Permanent Management Rights in North Brisbane Growth Area - $166K Net

$1,095,000Sold

Great opportunity to purchase the management rights to a high quality townhouse complex that only opened in late 2016. With most units now secured in the letting pool and fully tenanted, and a few final units to settle in the next month or two, this is a brand new complex that comes as a fully established business!

Key Features

  • Near new 59 x 3 bedroom townhouse complex in growth corridor of North Brisbane
  • All units managed in on-site letting pool
  • Very clean projected P&L – only based on BC salary and letting charges
  • Good scope to implement additional income streams and grow bottom line.
  • 25 years remaining on caretaking and letting agreements.
  • Great location - Dakabin set to follow success of neighbouring suburbs North Lakes and Mango Hill 
  • Great value / high quality 3 bedroom, 2 bath, 2 car park manager’s residence ($375,000) 
  • Call Alex Cook on 0467 600 610 or Brent Staker on 0410 344 344 for more details

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004705
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Dakabin
Sale Type: Management Rights - All
Net Profit: $166,000
Price: $1,095,000

Listing Agent(s)

Agent Feedback

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

Alex had our business sold within a week for the asking price. Also he had a back up offer for the same price, his professionalism and work ethics are second to none.

- Laraine & Col Fields
Previous vendors,
Emerald Village 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