Just Listed

High Net - Low Multiplier - ID 9156

$4,280,000

Permanent Management Rights For Sale
Quiet Suburb with Growth Potential

 

 

Situated in a serene and rapidly growing suburb, this exceptional management rights opportunity includes two complexes located within 200 meters of each other. Additionally, there is a rent roll of 39 houses situated directly across the road, making this a highly efficient and easily manageable operation.

 

  • Combined Net Profit: $687,616
  • Total Asking Price: $4,280,000
  • Large Letting Pool: 139 townhouses within a total of 187 townhouses
  • Attached Rent Roll: 39 houses conveniently located across the road
  • Operational Excellence: Robust systems are in place, delivering quality service with minimal complexity
  • Long-Term Agreements: Secure management rights with 24 and 20 years remaining on agreements
  • Strong Body Corporate Relationships: Excellent rapport with body corporate committees, supporting smooth and collaborative operations
  • Low Maintenance: Well-presented and easy-to-maintain common areas
  • Facilities: Enhance tenant appeal with features including a pool, gym, and CCTV security system
  • Manager’s Unit: Large, modern 4-bedroom stand-alone townhouse with an on-site office, double lock-up garage, air conditioning, a spacious backyard with a covered patio area, and multiple living spaces
  • No Fixed Office Hours: Offers flexibility in management style

This unique opportunity presents investors with a high-yield asset located in a quiet suburb poised for growth, close to train services and other amenities. It's an ideal acquisition for those looking to secure a stable and profitable addition to their portfolio in a desirable location.

 

Net Profit: $687,616
 Asking Price: $4,280,000
(Inclusive of manager's real estate)

 

For further information or to arrange an inspection of this Management Rights business for sale contact:

 

Exclusive Management Rights Broker
Mark Neale

 

Price $4,280,000
Location Bethania
Property ID 9156

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