Nestled in the highly desirable locale of Kangaroo Point, just a stroll from local amenities and a mere block from the tranquil Brisbane River, this exceptional mid-rise complex beckons with an exclusive opportunity to acquire low-maintenance permanent management rights.
Boasting minimal building facilities to overseea single BBQthis premium residence offers unparalleled ease of management.
Benefiting from a supportive body corporate, the existing agreement has been extended impressively to 24 years, providing a stable foundation for prospective managers. Notably, there is no requirement to live onsite and no set office hours. However, there is a dedicated onsite office space for the manager to use as required.
There is huge upside with the the manager's unit, which is presently leased to a long-term tenant, generating an additional annual income of $34,320, which is not factored into the overall net profit.
This impeccably maintained and modern apartment complex presents a solid business opportunity suited for seasoned industry professionals seeking to expand their portfolio or a first-time buyer seeking a secure, low-maintenance business.
Astute operators would be wise to act swiftly on this unparalleled, easy-care management rights proposition.
Contact Jessie Shi today to seize this exceptional opportunity!
- Long agreement terms remaining - successfully topped up to 24 years
- No requirement to live onsite
- Manager's unit generates $34,320 additional income per year which is not included as part of income in the P&L
- No set office hours
- Easily manageable caretaking duties - only one BBQ
- Suitable for either first time buyer or experience operator as add-on to their existing portfolio
- Highly desirable location for rentals
- Easy access to all local amenities
- Very supportive body corporate
- Inspections by appointment only
