Permanent MR In Bayside - $240K Income For $1.1M Purchase Price
Permanent MR In Bayside - $240K Income For $1.1M Purchase Price
Permanent MR In Bayside - $240K Income For $1.1M Purchase Price
Permanent MR In Bayside - $240K Income For $1.1M Purchase Price
Permanent MR In Bayside - $240K Income For $1.1M Purchase Price
Permanent MR In Bayside - $240K Income For $1.1M Purchase Price
Permanent MR In Bayside - $240K Income For $1.1M Purchase Price
Permanent MR In Bayside - $240K Income For $1.1M Purchase Price

Permanent MR In Bayside - $240K Income For $1.1M Purchase Price

$1,110,000 Exclusive

Great opportunity to maximise your earning potential by becoming the new working managers for a long-established and successful partnership, located in the sleepy Bayside suburb of Victoria Point.

Key Features

  • Gated permanent complex comprising 150 townhouses, 72 in letting pool
  • Located in the quiet and peaceful Brisbane bayside suburb of Victoria Point
  • Opportunity to become managing partner of long-established partnership (37% share)
  • Good sized, well presented 3 bed / 2.5 bath manager’s residence with ample storage and parking
  • Income underpinned by a very strong BC salary, easy to manage complex
  • By earning salary and profit share, partnerships are a great way a maximising income
  • Circa 22% return on total investment, based on current performance
  • Lengthy tenure to agreement (22 years), good committee, friendly partnership
  • Call Alex Cook on 0467 600 610 or Brent Staker on 0410 344 344

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005255
Property Type: Management Rights
Region: QLD - Brisbane
Suburb: Victoria Point
Sale Type: Management Rights - All
Net Profit: $240,000
Price: $1,110,000

Listing Agent(s)

Agent Feedback

We have recently concluded the sale of our busy holiday resort, and feel very fortunate indeed that Alex Cook of Resort Brokers was our Agent throughout this process. We started the sale process by meeting with several brokers, all of whom were very experienced and had excellent reputations, however, once we met Alex we knew that we would be in good hands through the inevitable challenges of the sales process. Alex proved to be very hard working, proactive, and resourceful. Importantly, he has excellent relationships with all key specialists in the Management Rights industry – Accountants, Valuers, Financiers, Finance Brokers and Lawyers. Without exception, all of the specialists we worked with throughout the sale process all held Alex in the highest regard, and there was always a congenial and cooperative attitude from them as we worked through the key steps in the sale. I believe that Alex was able to achieve the best possible outcome. We are grateful for his enthusiasm, his focus and his positive attitude, and would have no reservations whatsoever in highly recommending him to any Resident Letting Agent who is thinking of selling.

- Darren & Judy Ackland
Vendors,
Blue Waters Apartments

We also appreciated Alex's accessibility and acknowledge the personal time that he sacrificed to maintain a continuous communication channel for our queries.We will certainly recommend Alex to our friends and colleagues for that moment when they too decide to seek a different life.

- Peter and Kim Holthouse WINDSURFER RESORT

The professionalism demonstrated by Alex throughout the sales process was very impressive. We made it clear from the outset that we wanted the sale to be as discreet as possible, and to be conducted as swiftly as possible. Despite the fact that this obviously hindered Alex's advertising options, he was able to arrange two days of back to back inspections, which produced 5 offers at asking price. We then worked with Alex to select the most suitable candidate. Furthermore, Alex worked tirelessly throughout the sales process, ensuring that the due diligence process went as smoothly as possible. We would have no hesitation in recommending Alex to anyone looking for a high level of service and a great result. Thank you Alex!  

- Brenton Brown
Building Manager,
Deepwater Point Apartments