The Gem on Brisbane City Fringe - ID 8862
Mixed Management Rights For Sale
No Office Hours - Easy Business
- Perfectly positioned on Brisbane's city fringe, the complex is just moments from the CBD.
- Financials: Strong net profit of $174,368 with gross income exceeding $230,000.
- Body Corporate Salary: Approximately $81,000 + GST, secured with annual CPI increases.
- Secure Agreements: A 25 year agreement is in placw with a substantial 22 years remaining.
- Ultimate Flexibility: No set office hours providing maximum flexibility and freedom.
- The highly manageable letting pool consists of 7 units (5 holiday and 2 permanent). There are 3 units managed by outside agents.
- An exclusive reception area with ample storage space.
- A very cooperative and supportive Body Corporate committee.
- Spacious, high quality manager's residence featuring 2 bedrooms, 2 bathrooms and 1 secure car space, complete with attractive river views.
- Very convenient location, close to everything.
Asking Price: $1,668,880 (includes the management rights business and the quality 2 bedroom manager’s apartment).
Located in a highly sought-after and convenient area, this property offers the perfect combination of premium lifestyle living, a strong income stream, and incredibly low-stress duties.
Net Profit: $174,368
Asking Price: $1,668,880
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Brisbane Management Rights business for sale contact:
Management Rights Broker
Bill He
Property Code: 1191
For more details, please email broker or call agents.
