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Modern Management Rights Opportunityâ Bridgeman Downs
$500,000 - Business Only
Permanent Management Rights, BRIDGEMAN DOWNS QLD
Discover a fantastic management rights opportunity in the sought-after suburb of Bridgeman Downs. This modern townhouse complex, completed in 2020, offers a 25-year management agreement with 21 years remaining, providing long-term stability.
Key features include a caretaking-only role with an attractive Body Corporate (BC) salary of $85,774 per annum and an exclusive-use office if needed. There is no requirement to purchase a unit, which keeps the total investment affordable at $500,000.
The complex, known as Anise, features a variety of two and three-bedroom townhouses designed for low-maintenance living. The development is popular with both downsizers and first-home buyers, offering six different townhouse designs to suit various lifestyles. Ready to move into, these townhouses present a unique opportunity for buyers looking for a modern and convenient lifestyle.
Don't miss out on this exceptional investment opportunity in a growing Brisbane location.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $500,000 - Business Only
- Net Income: $ 85,774
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours