Just Listed

Almost No Facilities, Business Only - ID 9195

$980,000

 

Permanent Management Rights for Sale
Net $178,052 - Prime Chermside Location

 

  • No requirement to live onsite.
  • No need to purchase real estate.
  • No office hours required.
  • No swimming pool to maintain.
  • 25-year agreement with 21 years remaining.
  • Strong income upside potential.
  • Stable Body Corporate salary of $68,976 + GST, with annual CPI increases.
  • Simple caretaking duties.
  • Centrally located in convenient Chermside.
  • Almost no garden.
  • Garbage bin looked after by council.
  • Net profit of $178,052.
  • All permanent rentals with a letting pool of 36 units.
  • Exclusive-use office and storage for the manager.
  • Asking price: $980,000 only.

 

Simple, high-return business-only opportunity in Chermside you won’t want to miss!

 

Net Profit: $178,052
Asking Price: $980,000

 

For further information or to arrange an inspection of this business opportunity contact: 
Management Rights Broker
Bill He

 

Price $980,000
Location Chermside
Property ID 9195

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