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Management Rights business for sale in Brassall

  • Management Rights
  • 1 Wellington Street Brassall QLD 4305
  • $2,320,000

Brassall Retirement Village. very low multiplier

Retirement Village Opportunity: Situated on a 25-year agreement with 9 years remaining, this retirement village presents a unique opportunity for a new manager.

Top-Up Possibility: The new manager will have the opportunity to obtain a top-up agreement.

Additional Units Available: The current owner owns 8 units not included in the unit count or the Profit and Loss statement. These units are available for sale at market price or for rent until sold.

Diverse Revenue Streams: Revenue sources include NSID, Catering, Body Corporate (BC) Salary, and rental income.

Comprehensive Expense Coverage: All expenses, including wages, are included.

Flexibility in Residence: It is not mandatory to live on-site, and units can be rented out.

Facilities Included: The property features a kitchen, dining room, 2-bed 2-bath unit, office, and all necessary equipment for kitchen operation, cleaning, and gardening.

Long-Term Ownership: The current owner, with 15 years of ownership, is selling due to commitments elsewhere.

For further inquiries, please contact Robert Collins, Exclusive Agent, at 0404 678 792 or via email at robertc@raas.com.au.

Business Highlights

Business ID2019165066
Floor AreaAsk Business Broker
Category
Last updated  8 Apr 2024
Map for 1 Wellington Street Brassall QLD 4305
Map for 1 Wellington Street Brassall QLD 43051 Wellington Street Brassall QLD 4305

Business Highlights

Business ID2019165066
Floor AreaAsk Business Broker
Category
Last updated  8 Apr 2024

Listed by

Robert  Collins
Robert Collins
RAAS Property Group
Call
0404 678 792

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