Buy Of The Year – House and Business For Only $615k
Buy Of The Year – House and Business For Only $615k
Buy Of The Year – House and Business For Only $615k
Buy Of The Year – House and Business For Only $615k
Buy Of The Year – House and Business For Only $615k

Buy Of The Year – House and Business For Only $615k

$615,000 Exclusive

This complex consists of 74 x two, three and four bedroom houses including the manager’s residence/office. There are no fixed hours on agreements meaning the managers can maintain some flexibility. The body corporate salary is $100,000

Key Features

  • The offering included as a vacant block which is currently being rented out for storage at $75 p.w
  • Area median asking rent gross rental yield has increased in the last year by 8.1%
  • Spacious/modern living three bedroom house and vacant lot at an incredible $85k
  • Long agreements

  

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005267
Property Type: Management Rights
Region: QLD - Townsville Mackay
Suburb: Middlemount
Sale Type: Management Rights - All
Net Profit: $170,000
Price: $615,000

Listing Agent(s)

Agent Feedback

Throughout the process of searching for a business, identifying possible purchases, investigating and ultimately negotiating the contract of sale, we found that Glenn was very helpful and informative. He assisted with his industry knowledge and advice whilst maintaining a professional approach. This allowed us to make an informed decision to purchase.

- V Galle and S Boughton OCEANS MOOLOOLABA

Glenn was always accessible by phone and returned calls promptly when he was not available. He always obtained answers to any questions that we had during all of the above processes.We would not hesitate to recommend Glenn to any potential client.

- V Galle and S Boughton OCEANS MOOLOOLABA

We recently sold our management rights business “La Mer Apartments” in Sunshine Beach. After purchasing the business eight years ago through Glenn Millar from Resort Brokers we had no hesitation in contacting him again to get the sale process underway, once we had made a decision to move on. The sale of our complex was quick and easy, and Glenn handled the process in a very thorough and professional way. Glenn has extensive knowledge of the management rights industry, and I would definitely recommend him to anyone contemplating buying or selling.

- Michael & Lesley Minns
Vendor,
La Mer Apartments