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

From the time of engagement, Alex was extremely pro-active in finding the right buyer. At all times, Alex kept me updated during progression of the sale process, acted in a professional manner; sorted out any issues that surfaced during the sale and went above and beyond to ensure all parties were working effectively towards completion. Without Alex's input and assistance I am sure the sale would not have been completed in the professional manner that it was.

- Brad Marquart
Vendor,
Waters Edge on the Broadwater

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

My experience in dealing with Alex Cook as the selling agent for Deepwater Point has been nothing short of outstanding. From the quality of marketing material, to the handling of site inspections, to the negotiation skills demonstrated whilst finalising the sale, Alex has proved himself to be an exceptionally professional and knowledgeable agent. I was particularly impressed with the constant and detailed feedback provided to me throughout the process. We felt comfortable from the start to the finish and always knew exactly what was going on, making the whole experience as stress free as possible. Alex also seems to have particularly good relationships with the various industry professionals used during the sales process, again making life a lot easier. I genuinely feel Alex had our best interests at heart at every stage, and would not hesitate in recommending him to anyone looking to buy or sell their Management Rights. Out of interest, I have gone on to purchase another Management Rights through Alex.

- Mark Fuhrmann
Vendor,
ex-Deepwater Point