This opportunity presents a solid business suitable for a first time buyer or an established operator looking to secure a neat add-on business. There is no requirement to buy real estate and or to reside on site. This business has been built with minimal caretaking duties in mind. Wide roads make the residents feel comfortable moving through the complex. All 35 townhouses present beautifully with a very strong letting pool.

Key Features

  • New add-on business just under 12 months old
  • Opportunity for further growth
  • Minimal caretaking duties
  • No real estate to buy
  • No pool or BBQ facilities
  • Additional income to existing operator
  • Long agreements

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005438
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Richlands
Sale Type: Management Rights - All
Net Profit: $74,811
Price: $299,245

Listing Agent(s)

Agent Feedback

We would like to thank Nathan and Resort Brokers for their excellent service and support during the purchase of our Management Rights. This is the second time we have dealt with Resort Brokers and again we have found them to be very professional in all our dealings. 

- Stuart & Mary McCaul
Buyer,
Henley Apartments

The recent sale of our large motel was tricky and stressful to say the least. Throughout the transaction Nathan guided both us as vendors and the buyers through the process with professionalism & composure. His friendly & outgoing manner ensured that all inspections were simple and relaxed everyone. His knowledge and ability under pressure ensured we made it to settlement day.  We would thoroughly recommend Resort Brokers and Nathan to anyone looking at selling their business.

- Melanie
Vendor,
Pegasus Motor Inn

As a first time purchaser of a leasehold motel, Nathan provided a good balance between working for the vendor and ensuring us as purchasers that we had the right information and support to see the transaction through. Negotiations are never easy and Nathan managed expectations on both sides of the transaction in a professional way that left both sides content with the price outcome. I would have no reservations in recommending or using Nathan or Resort Brokers in the future.

- Scott Campbell
Managing Director,
ISTAPR P/L