Runcorn
$2,933,000
3
2
1
Management Rights
- Permanent Complex Type
- 37 Letting Pool
- $221,282 Remuneration
- $338,984 Net Profit
- $899,000 Manager's Unit
- Pets Allowed, Pool Features
Property Description
BRISBANE SOUTH - NET INCOME $339,000 P.A.
Exceptional Management Rights Now For Sale: Secure a premium residential management rights business in one of Brisbane's most tightly held suburbs. Location, Location, Location: Situated near Eight Mile Plains Shopping Centre with convenient access to the Pacific Motorway (M1), Runcorn is held in high regard for its convenience, established infrastructure and strong community. Popular among professional families and the Asian community, supporting consistent tenant demand and long-term capital growth. Premium Business: • No set office hours • Not compulsory for the manager to reside on-site • Management Agreements have a term of 22 years remaining • Impressive strata sinking fund balance • Well maintained buildings • Supportive Body Corporate Strong & Stable Income: • Net Profit: $339,000 per annum • Body Corporate Salary: $221,000 per annum (ex-GST) • Well-established letting pool with strong occupancy rates Investment Highlights: • Premium Brisbane location • Mature, proven business • Efficient operational structure • Solid income and capital security Real Estate: 3-bedroom townhouse included with this business with a market value of $899,000. Current rental income is not included in the stated net profit. Opportunity Knocks: Business packages with these credentials are rare to the market. Contact Bobo Qi for more information now!
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