PREMIUM PARKSIDE BUSINESS-ONLY MLR IN INNER-NORTH BRISBANE

Exclusive opportunity for experienced operator to buy the business only management and letting rights to a highly desirable, upscale townhouse community situated along the lush banks of Kedron Brook in the inner-northern suburb of Grange.

  • 39 townhouses, 2 freestanding homes with 2, 3 and 4 bedroom designs
  • Net profit circa $89,296 p.a. with $49k BC salary included
  • Pure business-only set up with 21 years on Agreements
  • No requirement to live or own on-site
  • No office or set opening hours
  • 16 currently letting pool
  • Very desirable inner-north suburb attracting high rents
  • Perfect add-on business with no communal facilities
  • Storage facility under Occupational Authority
  • Upside for new managers to convert external lets into pool
  • Incredible parkside position on Kedron Brook
  • All inspections by appointment with agent
Listing Ref MRB007479
Property Type Management Rights
Sale Type Management Rights - Business only
State QLD
Region Brisbane
Suburb Grange
Net Profit $89,296
Price OFFERS OVER $500,000
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Jeff Keast

Interested? Why not give Jeff Keast a call on 0414 669 007 or

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Frank Matus
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