Business For Sale - New Building - Fully Leased at 4.9 Times Multiplier! - ID 8726 Brisbane Management Rights Business For Sale
Building completed April 2016
- No requirement to live onsite
- Two bedroom, two bathroom 120m managers unit
- 68 units in the complex over 10 levels
- 63 units form the letting pool
- At the end of September all letting pool units were 100% let
- Accommodation module
- Brand new 25 year caretaking & letting agreements
- $83,000 + GST annual salary
- Exclusive use office of 8m
- No office hours
Between no office hours, no requirement to live onsite and the 4.9 multiplier....this is the real deal!! Building completed in April 2016. ...
Business For Sale - Teneriffe Management Rights - PRICE REDUCTION - ID 8710 H A Low Demands Business No Office Hours You + A Cleaner or Two Person Team
- Brisbane permanent management rights business for sale
- Verified net profit of $206,210 by well know and respected industry accountant
- Complex is currently run by one person and a common area cleaner
- Great Body Corporate salary $133,023
- Very manageable and stable letting pool with 26 units under management
- Total of 78 residential units + 12 Macquarie Street level shops
- Varied letting pool made up of various bedroom configurations
- Low Body Corporate levies and council rates
- Great sinking fun...
Classic building so close to the city ! Superb complex in high growth riverside regeneration area. The income is $206,000 The MR$1,102,100 2 bed + study apartment is $799,000 It is hard to get a better Management Rights in a better area with less work than this one. There is a great network in the area as all Management Rights owners in the area have formed their own local association. This is a great rental building that hasn't had a vacancy and is highly sought after.
The vendor wants a fast sale and therefor has reduced the price for ths to happen.Please contact Robert Collins Exclusive Agent on 0404678792 or firstname.lastname@example.org....