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      Management Rights business for sale in Fortitude Valley

      • Management Rights
      • Fortitude Valley QLD 4006
      • $1,277,500

      Business For Sale - Multiplier of 4.5 & Real Estate at June 2018 Valuation - ID 8571 BL

      - Brisbane management rights for sale
      - A committed to sell vendor with very realistic asking prices
      - A spotless 2 level, 3 bedroom, 2 bathroom, 2 car garage town-home just off James Street
      - The very functional managers office is on title and attached
      - Agreements are under the 25 year accommodation module
      - Modern building within walking distance to every cafe, restaurant and boutique in James Street
      - No set office hours, equates to lots of free time for you to pursue other interests
      - Importantly this letting business has had no vacancies in the last 12 months
      - When a tenant vacates, there's a new one ready to walk in. Prime location = no vacancy
      - Great monthly salary at $5,727 reviewed annually at 3% or CPI whichever is greater
      - Small grounds includes a pool and BBQ deck and secure basement parking
      - A good solid business that is managed by one person. Around 15-20 contact hours each week. Your solution to a decently sized manager unit - no downsizing needed. A true retreat. If it's free time you are looking for, well here it is! There's time here for hobbies or another business. This is perfect for first time management rights buyer and comes with a great home.

      Net Profit: $135,000
      Reduced Asking Price: $1,277,500
      (Inclusive of manager's real estate)

      For further information or to arrange an inspection of this Brisbane management rights for sale contact:

      Exclusive Listing Broker
      Greg Jorgensen

      Business Highlights

      Floor Area

      1m²

      Business ID

      2013905404

      Last updated

      25 Jun 2018

      Category

      Management Rights, Resort, Accommodation & Tourism

      Map for Fortitude Valley QLD 4006

      Suite 1 Ground Floor, Equinox Sun Resort 3458 Main Beach Parade Surfers Paradise QLD 4217

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