Management Rights - TARINGA, QLD

TARINGA, QLD

$1,524,000

Property Description

Excellent Location

This magnificent complex offers everything you have been looking for in a Management Rights Business.
You are NOT required to live onsite .

25 year Agreement with 20 years still to run, current manager has been here for just over 7 years.

As you will own a unit in the complex, you have the right to put your own motions forward when you want to.

The apartment will be rented and does not form any part of the P&L which makes this one even great value.

There are no set working hours either, just another real bonus for the new manager.

No grounds or gardens to maintain as the Body Corp pays someone else to do these duties.

Situated in Taringa the location makes it an easy complex to find good solid tenants for.

If you are serious about getting into the Management Rights Industry, than you MUST take a very good look at this complex.

Net Profit $183,900 including excellent Body Corp Salary of $118,579.00 as verified
Unit $599,000
M.R $925,000
Total $1,524,000

For your personal inspection on this outstanding Complex.
contact Mike Mallory 0409 494 098 mikem@raas.com.au
Financial Overview

Body Corp Salary:
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N/A
Body Corporate Salary Review:
Net Profit:
Manager's Unit Price:
Management Rights Price:
Letting Business

Est. Year Built: 0
Total Units In Complex: 0


Inside Letting Pool

Permanent: 0
Holiday: 0
Corporate: 0
Total: 0

Outside Letting Pool

Lock Up: 0
Outside Agents: 0
Self Managed: 0
Owner Occpd: 0
Total: 0

Number & Type In Letting Pool
Number Type Features
Tariffs

Booking Type Details
Permanent
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size:
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Storage:
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Agreement Term: 0
Years To Run: 0
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Facilities

Pool:
Spa:
Gym:
Tennis Court:
Sauna:
Foxtel:
Cable Installed:
Pets Allowed:
Barbeque Area:

Other Facilities:

Property Agent

Mike Mallory

Mike Mallory

Phone: 0409 494 098
Office: 1300 282 370

Email Listing Agent