ResortBrokers are delighted to exclusively present to the market this outstanding opportunity to purchase a permanent Management Rights business located in the booming south-side suburb of Slacks Creek.
Built in 2006, this well-established complex of 31 units has a great set-up in place with no community gate and the workload is very manageable for a single operator. This includes maintaining the gardens and pool. The Body Corporate provides all the equipment necessary to maintain the complex.
There are no set office hours so the incoming operator can enjoy the freedom and flexibility supported by the agreement to suit their circumstances in how they operate this business over time. This beautifully maintained permanent townhouse complex presents as a solid business suitable for a first-time buyer looking to secure a stable income stream or a savvy operator to run as a side business whilst still having spare time for either family or other business commitments.
The business is based on a 25-year Caretaking and Letting Agreement with more than 24 years remaining on the agreement following the successful top-up in 2023, a tenure that gives the incoming manager great security.
Call Jessie Shi at 0422 935 428 today!
- Long agreement terms - 24+ years
- Modern permanent townhouse complex - no community gate
- No set office hours
- P&L prepared by industry professional accountant
- Strong and consistent letting pool
- Easy to run with manageable caretaking duties for a single operator
- Located in highly sought-after area with high rental demand
- Upside potential through additional income streams
- Suitable for either first time buyer or savvy operator to run as an add on business
- Inspections by appointment only
