NEAR NEW PERMANENT MR - $400K+ NET PROFIT

Presented to market exclusively by Resort Brokers for the first time, is the opportunity to purchase the management rights and manager's residence to a high quality, architecturally designed townhouse complex, located in the Brisbane growth suburb of Richlands.

  • Total of 153 X 3 bedroom and 3 bedroom + MPR townhouses
  • 132 units managed in onsite letting pool with 14 outside agents & 7 owner occupiers.
  • Over 23 years remaining on caretaking and letting agreements
  • Clean P&L made up of almost entirely BC salary and letting income
  • Solid BC salary of $179,191 (ex GST)
  • No requirement to live on site, no set office office hours, easy to maintain grounds
  • Inclusive of manager's unit and office ($419,000)
  • Walk to Richlands Plaza, 10 mins to Greater Springfield, 5 mins to major Motorways
  • 3 other neighbouring complexes in Richlands also on market
  • Call agents Tim Crooks or Alex Cook for further information
Tim Crooks

Interested? Why not give Tim Crooks a call on 0417 544 562 or