Permanent Management Rights For Sale
Quiet Suburb with Growth Potential
Situated in a serene and rapidly growing suburb, this exceptional management rights opportunity includes two complexes located within 200 meters of each other. Additionally, there is a rent roll of 39 houses situated directly across the road, making this a highly efficient and easily manageable operation.
- Combined Net Profit: $687,616
- Total Asking Price: $4,280,000
- Large Letting Pool: 139 townhouses within a total of 187 townhouses
- Attached Rent Roll: 39 houses conveniently located across the road
- Operational Excellence: Robust systems are in place, delivering quality service with minimal complexity
- Long-Term Agreements: Secure management rights with 24 and 20 years remaining on agreements
- Strong Body Corporate Relationships: Excellent rapport with body corporate committees, supporting smooth and collaborative operations
- Low Maintenance: Well-presented and easy-to-maintain common areas
- Facilities: Enhance tenant appeal with features including a pool, gym, and CCTV security system
- Manager's Unit: Large, modern 4-bedroom stand-alone townhouse with an on-site office, double lock-up garage, air conditioning, a spacious backyard with a covered patio area, and multiple living spaces
- No Fixed Office Hours: Offers flexibility in management style
This unique opportunity presents investors with a high-yield asset located in a quiet suburb poised for growth, close to train services and other amenities. It's an ideal acquisition for those looking to secure a stable and profitable addition to their portfolio in a desirable location.
Net Profit: $687,616
Asking Price: $4,280,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this Management Rights business for sale contact:
Exclusive Management Rights Broker
Mark Neale
Property Code: 883
