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Management Rights Business For Sale in NEW FARM

Management Rights

NEW FARM, QLD

The Simplest Business Opportunity in New Farm - ID 9229

The Simplest Business Opportunity in New Farm - ID 9229

New Farm, QLD, 4005

Accommodation/tourism · Management Rights

$558,000

Permanent Management Rights for SaleHigh Percentage Body Corporate Salary - No requirement to live onsite (with no need to purchase real estate). - No office required and no set office hours. - No swimming pool to maintain and no BBQ area to clean. - Almost no gardens to maintain, resulting in extremely simple caretaking duties with minimal working hours. - Long-term security with a 25-year agreement (22 years remaining). - Stable, high-percentage Body Corporate salary of $71,383 plus GST, with annual CPI increases. - Highly sought-after prestige location in the Brisbane inner-city, close to everything. - High-demand permanent rentals, with a tiny letting pool of only 7 units (and outside agents managing an additional 4 units). - Supportive committee and a friendly community. Net Profit: $92,017Asking Price: $558,000 For further information or to arrange an inspection of this Brisbane Management Rights opportunity contact: Management Rights BrokerBill HeProperty Code: 1156

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