Choose your country

Or view all businesses for sale



Inner Brisbane Management Rights Business & Managers Unit For Sale

Brisbane, Queensland, Australia
Asking Price:
$1,120,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Categories: Accommodation/Tourism
This management & letting rights business and associated residential unit are priced to sell NOW!

The business multiplier is 3.89 times the $90,000 net profit.

This would be perfect for a single person or a couple, where one remains working outside of the complex. It is a very suitable opportunity for a first time operator!

It is held under a 25 year standard module and still has 22 years remaining.

A very straight forward role of daily spot and a weekly clean, arranging repairs & maintenance within common areas, liaising with the committee and putting the bins out on the footpath for BCC.

Over and above that is the management of the small letting pool of 6, which would prove to be very straight forward, even for a first time operator.

Key Points:
- Business priced at $350,000 and the manager unit priced at $770,000
- Remuneration pa: $78,457 + GST increased by CPI every August
- Inside letting poor: 6
- Outside agents: 10
- Total units in place: 28
- No fixed office hours
- Owner has to be onsite but can nominate someone else to work as manager
- 22 years left on 25 years agreement base
- The net profit is $90,000 (actual) for 2021FY
- The rent in the apartments averages from $650-$750
- The public facility is only a swimming pool
- The manager unit has 3 beds, 2 bath and 1 parking spaces.

For further information please complete an online confidentiality agreement at ---.------------.---.--/businesses-for-sale/ca/BR01233

Business Broker: David Zhang
Ref: BR01233
Mobile: +61 --- --- ---
Email: [email protected]

LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) ---- ----

Ref: BR01233
Timestamp: --------------

Contact LINK Business Brokers Brisbane

  1. This email address is already registered. Log in to continue.
      1. Postcode not found. Please try again

    1. or
  1. What will I receive? is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that will send the above details to LINK Business Brokers Brisbane. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business