Business Only With $193k Body Corp Salary and Huge Upside!
Large scale business only management rights with NO real estate to buy. 156 lots in the complex and just 47 in the letting pool = the majority of the income comes from the agreements..
- Generous Body Corp salary comprising a high percentage of the overall income
- Strong agreements on all business in the portfolio
- Outstanding near city location on the inner north – very strong letting catchment
- Extra income to be attained through maintenance work
- Upside through clawing back units from outside agents
- Large salary and could easily be run by 2 person management team
- Unbeaten location close to surrounding amenities
- Rare opportunity to secure a business only management rights of this size in this part of North Brisbane
NB: Property inspections are by appointment only