An outstanding opportunity that needs to be explored. North Lakes Views has a total of 200 lots with a total letting pool of 173 units, which would make the successful purchaser the owner to one of Brisbane’s biggest permanent management rights complexes. A substantial Body Corporate salary secures the business as well as long-term agreements in place providing an excellent base to get straight in and operate this business. This complex is also gallery vie compliant.

Key Features

  • Further growth through maintenance work
  • Outstanding body corporate salary
  • Very experienced staff to assist with transition of new buyer
  • Spacious and modern 3 bedroom 2 bathroom manager’s residence
  • Brilliant location in a booming Brisbane market
  • Opportunity to claw back outside agents
  • Long agreements - 23 years remaining
  • Large office on title and exclusive use
  • 200 unit complex with solid letting pool

  

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005466
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Mango Hill
Sale Type: Management Rights - All
Net Profit: $493,462
Price: $3,325,000

Listing Agent(s)