Business For Sale - New Building - Fully Leased at 4.9 Times Multiplier! - ID 8726 Brisbane Management Rights Business For Sale
Building completed April 2016
- No requirement to live onsite
- Two bedroom, two bathroom 120m managers unit
- 68 units in the complex over 10 levels
- 63 units form the letting pool
- At the end of September all letting pool units were 100% let
- Accommodation module
- Brand new 25 year caretaking & letting agreements
- $83,000 + GST annual salary
- Exclusive use office of 8m
- No office hours
Between no office hours, no requirement to live onsite and the 4.9 multiplier....this is the real deal!! Building completed in April 2016. ...
Right in the center of the corporate area Vendor has interests else where and wants to liquidate this property. Several years ago it was running at in excess of $700,000 income per year.
Located within a 10 minute walk from the hotel is the Brisbane River, a mixture of eclectic cafes, restaurants, night clubs, pubs, China Town, retail shops and the trendy James Street precinct whilst still only being a 5 minute taxi ride from the Brisbane CBD or a 30 minute taxi ride from the Brisbane Airport.
The blue sky in this complex is unbelievable Please contact Robert Collins for an inspection on 0404678792 or email@example.com
Business For Sale - Teneriffe Management Rights - PRICE REDUCTION - ID 8710 H A Low Demands Business No Office Hours You + A Cleaner or Two Person Team
- Brisbane permanent management rights business for sale
- Verified net profit of $206,210 by well know and respected industry accountant
- Complex is currently run by one person and a common area cleaner
- Great Body Corporate salary $133,023
- Very manageable and stable letting pool with 26 units under management
- Total of 78 residential units + 12 Macquarie Street level shops
- Varied letting pool made up of various bedroom configurations
- Low Body Corporate levies and council rates
- Great sinking fun...
Classic building so close to the city ! Superb complex in high growth riverside regeneration area. The income is $206,000 The MR$1,102,100 2 bed + study apartment is $799,000 It is hard to get a better Management Rights in a better area with less work than this one. There is a great network in the area as all Management Rights owners in the area have formed their own local association. This is a great rental building that hasn't had a vacancy and is highly sought after.
The vendor wants a fast sale and therefor has reduced the price for ths to happen.Please contact Robert Collins Exclusive Agent on 0404678792 or firstname.lastname@example.org....
INCREDIBLE SMALL INVESTMENT OPPORTUNITY 2 STUDIOS ON THE 1ST & 2ND FLOOR DO NOT HESITATE TO ADD THIS TO YOUR PORTFOLIO OR MAKE IT YOUR FIRST EASY-TO-BUY INVESTMENT AND INCOME WITH THE CHANCE FOR FUTURE DEVELOPMENT AND 1766M2 OF PRIME DEVELOPMENT LAND.
A perfect location as these properties are the closest accommodation facility to the PA hospital entrance making this a great opportunity for the astute buyer to acquire a well-presented short term accommodation facility. With a no effort guaranteed income from patrons of the Princess Alexandra, Mater and Greenslopes hospitals, this kind of investment is supreme and affordable.
1,672sqm* MIXED USE DEVELOPMENT SITE (STCA) - 1,672sqm* Mixed Use Development Site (STCA)
- QPP-MU1 Mixed Use (Inner City) Zoning
- 8 Stories Code Assessable
- Existing low set Motel with potential holding income
- 1km* from Brisbane CBD
- Next door under construction for 8 stories with 69 units & 4 commercial tenancies on 1336m2 land
- 175m* from the New $150 million luxury development by the Banyan Tree Group
- Future growth corridor for South Brisbane
Contact marketing agents from Ray White Commercial TradeCoast for further information.