Genuine Business-Only Management Rights in the heart of Newstead. There is no need to buy real estate or live onsite and there are no set office hours. Extremely low maintenance building with a rooftop entertainment area – however there is no pool, gym or any mowing! The building consists of 48 stunning one and two bedroom apartments with 35 in the letting pool.

Key Features

  • Business-Only Management Rights in the heart of Newstead
  • New complex - just over 2 years old
  • 35 of 48 units in the letting pool
  • No need to live onsite
  • 23 year long agreements
  • Body Corporate Salary (adjusted to 3% or CPI – whichever is greatest)
  • Opportunity for further growth – 7 outside agents
  • Low maintenance – no pool, gym or mowing
  • Stunning one & two bedroom well-proportioned and designed apartments.
  • Fully equipped large office for your exclusive use

NB: Property inspections are by appointment only

 

 

Key Details

Listing Ref: MRB005338
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Newstead
Sale Type: Management Rights - Business only
Net Profit: $110,617
Price: $575,208

Listing Agent(s)

Agent Feedback

You did a great job Gareth. Very diligent and your support of the incoming purchaser is very useful. You have gone above and beyond the role of an agent, thankyou.

- James Adam
Director,
PORTFOLIO GROUP

As a first time buyer, I was very impressed with Jessica. She was very responsible, reliable and honest in her dealings with myself and my husband. We found her professional and experience and her negotiation skills were exceptional. She was a good listener and kept us informed at all times of the deal process, attended all meetings and inspections and was there on settlement day which was a lovely surprise. We were nervous at the beginning, however, she was there every step of the way and delivered 200% above and beyond. She is a super-agent and we look forward to dealing with her again in the future.

- Lorraine Kan
Buyer,
Arbour Groves

We purchased ECCO and Bohemia through Jessica at Resort Brokers. Jessica is a professional agent with a wealth of knowledge about management rights. She always keeps us up to date and returning our calls or emails promptly. We look forward to get the next opportunity to work together.

- Wenbin Shen
Vendor,
AUMR Property Management Group