Hillcrest
$1,290,000
2
2
1
Management Rights
- Permanent Complex Type
- 20 Letting Pool
- $116,930 Remuneration
- $144,826 Net Profit
- $540,000 Manager's Unit
- BBQ, Pets Allowed Features
Property Description
BRISBANE SOUTH - LIVE OFFSITE OPTION
A sound residential Management Rights now on offer. Representing an affordable business and real estate package. Body Corporate Salary of $116,000 p.a. provides solid comfort as this represents a considerable portion of the total $144,000 net income. All backed up by a term of 21 years remaining on management agreements. Caretaking duties are straight forward. No swimming pool or community entry gate to maintain. Attractively, you can elect to live off site or onsite. Currently the Manager's townhouse is leased out at $20,800 p.a. This income is excluded from the businesses Net Profit. The Manager's residence is a two-storey townhouse. Office is attached with a separate entrance, providing flexibility. Upper level provides two good-sized bedrooms, built-in wardrobes and main bathroom. An additional toilet is located downstairs. Enjoy the secure, private courtyard, ideal for a young family. A single carport is yours with additional visitor parking nearby. Proactively engage your owners and take control of your business with the opportunity to secure up to an additional 30 more onsite rentals in your complex. Reap the financial rewards! Conveniently located with easy access to motorways. Location Highlights: • 5 minutes to Grand Plaza shopping centre • 8 minutes to Browns Plains State High School • 9 minutes to Browns Plains State School • 40 minutes to Brisbane CBD • 60 minutes to Gold Coast CBD Please contact me for further details.
Your Trusted Management Rights and Resort Sales Brokers
