Management Rights - Woollongabba, QLD

Woollongabba, QLD

$0

Property Description

Management Rights in New High Rise in Prime Brisbane Location

New Management Rights in Woolloongabba.

Expressions of interest sought.

This high rise is in a prime location within 4 kms form Brisbane and 600 meters from the PA Hospital, with close proximity to shops, cafes and pubic transport.

There is a mixture of long term and short term letting with 74 units in the letting pool. The PA hospital has a large demand for local accommodation in this area.

The Management Rights has an annual income of approximately $250,000 with potential for growth through additional rental management and on site maintenance.

The managers residence includes a 3 bedroom apartment with separate office.

A motivated vender makes this is a great opportunity and I welcome your enquiry today. Don't hesitate to contact me for further information.

Love Management Rights
Financial Overview

Body Corp Salary:
TBA
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
Net Profit:
$250,000
Manager's Unit Price:
$600,000
Management Rights Price:
$0
Letting Business

Est. Year Built: 2017
Total Units In Complex: 97


Inside Letting Pool

Permanent: 64
Holiday: 10
Corporate: N/A
Total: 74

Outside Letting Pool

Lock Up: 4
Outside Agents: 3
Self Managed: N/A
Owner Occpd: 15
Total: 22

Number & Type In Letting Pool
Number Type Features
1 Bed Apartment Aircon, dishwasher
1 Bed Apartment Aircon, dishwasher, furnished
2 Bed Apartment Aircon, dishwasher
Tariffs

Booking Type Details
Permanent $545 per week, 2 bed room
Corporate
Holiday
Manager's Unit & Office

Manager's Unit Size: 3 Bedrooms , 2 Bathroom
Office Reception: Separate from Managers unit
Office Software:
Office Hours: 8.30am to 5pm Mon to Fir
Storage:
Office Computer:
Module: Accommodation
Agreement Term: 25
Years To Run: 23
Manager's Unit Description: 3 bedroom, separate office

Facilities

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

Other Facilities:

Property Agent

Jon Love

Jon Love

Phone: 0481 522 115
Office: 1300 282 370

Email Listing Agent

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