Management Rights business for sale in Brisbane City
Management Rights
Brisbane City QLD 4000
$918,000 (GST na)
Business For Sale - Business Only Sale - Auchenflower - ID 8862 BL
- Superb Location! QLD University, Wesley Hospital, Toowong Shopping, Brisbane CBD - All 5 to 10 minutes from the door - 23 years remaining on the agreements - Small & manageable letting pool, but great net profit at $180,000 - Good monthly salary at $5,100 - Common areas are small and compact but easily maintained - A business that can be run by a single person or a part-time couple - This is good value at a 5.1 multiple - Business includes 14 in the pool + 3 external rentals that are less than 2kms from the office - Great website with all social media links + channel manager to all of the big hotel booking sites
Good sized 2 bedroom 2 bathroom managers apartment - rent this for $530 per week. Readily operated by a single person or a part time couple. Fully set up business ready to go to the next level. Small common areas make for light work!
Net Profit: $180,000 Asking Price: $918,000
For further information on this management rights opportunity or to arrange an inspection contact listing broker Lyn Persall