Fantastic Opportunity to Purchase a 71 Unit Town Home Management Rights
Fantastic Opportunity to Purchase a 71 Unit Town Home Management Rights
Fantastic Opportunity to Purchase a 71 Unit Town Home Management Rights
Fantastic Opportunity to Purchase a 71 Unit Town Home Management Rights

Fantastic Opportunity to Purchase a 71 Unit Town Home Management Rights

Expression of InterestUnder Offer

One of Heran Building Group's newest residential communities. This is a fantastic opportunity to buy an off the plan management rights, get all the new letting fees, pay GST in lieu of stamp duty and develop this business to your standard.

Key Features

  • A 71 unit complex in a high growth, high rental location
  • A large off the plan management rights that will generate a substantial income
  • Business price subject to an adjustment for each unit less in the pool at the adjustment date
  • 100% occupancy is expected in this high growth suburb of Richlands
  • A secure Body Corporate remuneration of $72,000 with CPI increases per annum
  • No set business price - EOI only - this will interest many experienced buyers
  • A beautiful three bedroom manager’s residence with attached office
  • A quiet peaceful life style close to everything that one could need

NB: Property inspections are by appointment only

Key Details

Listing Ref: OTP004475
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Richlands
Sale Type: Management Rights - Off the Plan
Net Profit: $182,225 Projected
Price: Expression of Interest

Listing Agent(s)

Agent Feedback

To whom it may concer, recently my wife and I purchased a management rights business through Paul Mueller. From the first phone contact with Paul, we were kept completely informed and received first class treatment. Like all management rights purchases nothing goes completely to plan, when things needed to be chased up Paul was always on the job, working with ourselves and the seller. I would recommend Paul to anyone who wishes to market their business or to a buyer in the market for a new venture.

- Steve Siddaway
Vendor,
Fivechester - Rise - Ascent