Kuraby
$1,288,000
3
2
2
Management Rights
- 50 Total Units
- Permanent Complex Type
- 21 Letting Pool
- $84,815 Remuneration
- $144,428 Net Profit
- $595,000 Manager's Unit
- BBQ, Pets Allowed, Pool Features
Property Description
BRISBANE SOUTH MANAGEMENT RIGHTS
With the benefit of this exceptional south-side Brisbane location, residents have convenient M1 access to Brisbane city and the Gold Coast. Only a few minute's drive to major shopping centres and walking distance to train station, park and school. The suburb of Kuraby is a key rental market and this Management Rights business always has a waiting list of high-quality tenants. The stand-alone villas in the letting pool are all very popular. This business has a supportive Body Corporate relationship with over 20 years remaining on management agreements. On offer is a salary of OVER $84,000, providing a stable income, increasing by CPI yearly and representing greater than 50% of total declared net business profit. Manager's abode is a roomy 3 bedroom stand-alone villa providing ample space for a family. Call me today to arrange an on-site inspection of this solid Management Rights business.
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