Just Listed

Net $280,252 in Milton - ID 9198

$2,420,000

Permanent Management Rights for Sale
$161,510 + GST Salary with Simple Duties

 

  • Low workload and minimal working hours
  • High Body Corporate salaries totalling $161,510 + GST
  • 25-year long-term agreement with 21 years remaining
  • Strong net operating profit of $280,252
  • Permanent letting pool of 29 units, plus 22 with outside agents – excellent income growth potential
  • Superb city-fringe location close to cafés, restaurants, shops, medical centres, pharmacies, hospitals, the river, public
  • transport, premium schools, and major roads
  • Extremely convenient for everyday living with a peaceful environment
  • Ideal combination of lifestyle and income – city living with a flexible, high-return business
  • Modern manager’s apartment with 2 bedrooms, 1 bathroom, air-conditioning, ceiling fans, and 1 secure car park
  • 160m² total area with large courtyard, pet-friendly, and professional on-title office
  • Total asking price: $2,420,000 (includes quality manager’s unit)

 

Opportunities like this don’t come around every day.

 

Net Profit: $280,252
Asking Price: $2,420,000
(Inclusive of Managers Real Estate)

 

For further information or to arrange an inspection of this business opportunity contact: 

 

Management Rights Broker
Bill He

Price $2,420,000
Location Milton
Property ID 9198

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