Management Rights - Brisbane City, QLD

Brisbane City, QLD

$1,185,000

Property Description

Heart of the City MR

This is a little gold mine with minimal work and right in the middle of everything.
Please contact Robert Collins Exclusive Agent on 0404678792 or robertc@raas.com.au for an inspection.
Financial Overview

Body Corp Salary:
79751
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
C P I
Net Profit:
$158,500
Manager's Unit Price:
$409,000
Management Rights Price:
$776,000
Letting Business

Est. Year Built: 1997
Total Units In Complex: 53


Inside Letting Pool

Permanent: 38
Holiday: 0
Corporate: 0
Total: 38

Outside Letting Pool

Lock Up: 0
Outside Agents: 4
Self Managed: 4
Owner Occpd: 7
Total: 15

Number & Type In Letting Pool
Number Type Features
5 2 Bed Unit Fully furnished and air con
33 1 Bed Fully furnished and air con
0 Bed
Tariffs

Booking Type Details
Permanent $320 to $390 1 bed per week $480 to $520 2 bed per week
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 2 Bedrooms , 2 Bathroom
Office Reception: On title
Office Software: REI master
Office Hours: Nil
Storage: Plenty
Office Computer: One
Module: Accommodation
Agreement Term: 25 years
Years To Run: 23 years
Manager's Unit Description: 2 bed 2 bath modern trendy apartment fully furnished as well appointed with one parking space.

Facilities

Pool: No
Spa: No
Gym: Yes
Tennis Court: No
Sauna: No
Foxtel: Yes
Cable Installed: Yes
Pets Allowed: Yes
Barbeque Area: No
Wireless: Yes

Other Facilities: This complex is right in the heart of the city
There is never a problem for rentals
There is minimal duties
There is no outside work
In fact easily run by one person with time to spare
4 of the stated lots are commercial and the manager has nothing to do with them.
There is 2 outside rentals

Property Agent

Robert Collins

Robert Collins

Phone: 0404 678 792
Office: 1300 282 370

Email Listing Agent

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