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Management Rights business for sale in Morayfield

  • Management Rights
  • Morayfield QLD 4506
  • $1,218,000 (GST na)

Business For Sale - No Requirement To Live Onsite - ID 8448 BL

- Management rights complex with 25 year agreement
- No set office hours
- No requirement to live onsite
- 104 unit complex with 48 in the letting pool
- Easily managed by one person with average of 20 hours each week
- 100% occupancy and healthy rental growth
- Villa styled complex with small pool. Common grounds are grassed
- Manager is paid annual allowance towards equipment maintenance
- Nicely renovated 3 bedroom manager's residence set on a larger than average lot. Air conditioned, solar electricity, large fenced yard and patio
- Opportunity to increase manager's income via outside rentals and unit sales
- Situated halfway between Brisbane and the Sunshine Coast, this large permanent complex with no set office hours, offers an easy workload that could be undertaken living either on or off site. Excellent opportunity to continue re-sales in the complex and grow the rental pool.
Net Profit: $200,000
Asking Price: $1,218,000

Business Highlights

Business ID2014219854
Floor Area11m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Last updated  7 Aug 2019
Map for Morayfield QLD 4506Morayfield QLD 4506
Suite 1 Ground Floor, Equinox Sun Resort 3458 Main Beach Parade Surfers Paradise QLD 4217

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