[Business ONLY] Premium 23-Year Management Rights | No Need Live onsite No Office Hours

Welcome to make an offer

Permanent management rights, Calamvale QLD

Business Highlights:

1.Business Only: The managers residence has been recently separated from the business.

2.Prime Location: Situated in a highly sought-after area within a Chinese community, close to shopping centers, M2, M6, schools, and colleges.

3.The community is healthy and easy to manage. Body Corporate very fantastic and supportive to work with

4.Income Structure:
— Body corporate salary: $175,911, accounting for 56% of total income, providing a stable income structure. Salary increases annually in line with the CPI.
— Letting pool of 33 properties, with significant potential for rental growth, leading to higher management income.
— Annual net profit: $314,036.

5.Flexable Management:
– No requirement to purchase a managers unit or live onsite
– No set office hours…

6.Strong Business Control:
Letting pool includes 33 properties out of a total of 89 in the community, representing 37%, ensuring strong managerial control and easy operation.

7.Business Price: Open to offers.


DISCLAIMER
The agent gives notice that:
1. The figures and information disclosed in this Information Memorandum are provided by the vendor. All intending purchasers are to make their own enquiries and assessments as to the accuracy or otherwise of the information supplied by the vendor.
2. It must be noticed that agent has no access to full sets of accounts or legal documentation for verification purposes. No liability for the information will be accepted by the agent and parties should make their own investigations as to the accuracy of these figures and information.