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      Management Rights business for sale in Manly West

      • Management Rights
      • Manly West QLD 4179
      • $700,000

      Business For Sale - New Build Townhouse Complex - ID 8804 BL

      Brisbane Management Rights For Sale.
      54 x 3 Bedroom Townhouses.
      No requirement to purchase any real estate.
      No requirement to live onsite.
      Will be brand new 25 year agreements under Accommodation Module.
      $62,000 Body Corporate annual salary.
      Expected rents at $495 per week.
      No pool and virtually no facilities. There are gardens.
      Exclusive Use office.
      No office hours.
      This could suit a single person or a couple on a part time basis.
      The first stage of 24 townhouses will be completed in September, with the balance completed in December or January.
      Rare as rare and an excellent bolt-on. This one does really tick all the boxes!
      Settle both stages this year or one this year and the second in January 2018.

      Net Profit: $159,222 (Projection)
      Asking Price: $700,000.

      Listing Broker
      Greg Jorgensen.

      Business Highlights

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      Business ID


      Last updated

      10 Aug 2017


      Management Rights, Resort, Accommodation & Tourism

      Map for Manly West QLD 4179

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