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Management Rights business for sale in Townsville City

  • Management Rights
  • Townsville City QLD 4810
  • $875,000

Business For Sale - No Office Hours and a 17% Return in Townsville - ID 8880 BL

- Great Committee - 22 Years Remaining on Agreements
- Management Rights For Sale
- Before contract settlement, there will be a dedicated onsite office available
- 22 years remaining on the Accommodation module agreements
- A single person manageable 56 letting pool units
- Great opportunity to grow the pool with 13 outside agents
- Great annual salary of $77,000 + GST, reviewed annually by CPI
- 2 and 3 bedroom unit designs within a 2011 built complex of 70, built over 3 levels
- 2 bed, 2 bath manager's unit is well presented with a 90m² area on the top floor and air-conditioned
- The managers unit has a car space plus an additional 14m² store area
- Complex is easily maintained and has pool, BBQ, cable TV, NBN and gated entry
- Easily run business with no office hours. An excellent 17% return on investment, including real estate. Perfect for the first time operator or someone looking to add to an existing business.

Net Profit: $150,819
(Verified by Holmans Accountants)
Asking Price: $875,000
(Inclusive of manager's real estate)

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

Listing Broker
Greg Jorgensen

Business Highlights

Business ID2014526832
Floor Area1m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Last updated  25 Jul 2018
Map for Townsville City QLD 4810
Suite 1 Ground Floor, Equinox Sun Resort 3458 Main Beach Parade Surfers Paradise QLD 4217

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