Skip to main content
Tingalpa QLD 4173
Sold on 19 Jul 2024

Tingalpa QLD 4173

  • Hotel, Motel, Pub & Leisure
  • Sold

Profitable & Flexible. Management Rights - Manly West and Tingalpa - $167k net | Resort Brokers ID : MR008027

    ResortBrokers is proud to introduce a rare business opportunity in the sought-after bayside areas of Tingalpa and Manly West. This profitable Management Rights business allows for off-site residence and flexible working hours, providing investors with practical freedom.

    With a notable net profit of $167,694, this opportunity is well-suited for a dynamic two-person team or efficient management operation. A gated community at the larger complex adds an extra layer of security, ensuring peace of mind for both the manager and residents.

    Long-term accommodation module agreements spanning 23 and 22 years, ensure stability and prolonged success. The robust and stable letting pool, managing 26 out of 50 units, speaks to the high level of trust and satisfaction among residents. The option to rent out the manager's unit (no requirement to live onsite or maintain office hours) yields an additional $31k annually, whilst enhancing overall profitability and flexibility.

    Nearby premier schools in Brisbane, these businesses attract families seeking quality education, enhancing the appeal for both managers and tenants. The management rights to this business represent a compelling and profitable business opportunity. Seize this chance for a secure business opportunity with no on-site living requirements, strong financial returns, and a prime location an opportunity not to be overlooked.

    - Flexible business model with no on-site living or office hour requirements
    - Profitable venture with net earnings circa $167k, suitable for a couple or under management
    - Secure investment in a gated community with a solid business-only add-on
    - Long-term stability ensured by 23 and 22-year accommodation module agreements
    - Additional income stream from a manager's unit rented at $600 per week
    - Reliable letting pool with 26 out of 50 units under management
    - Prime location near top Brisbane schools in the sought-after bayside suburb of Tingalpa
    - Inspections are by appointment

    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold19 Jul 2024
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018921303
    Category
    Last updated  27 Apr 2024
    Map for Tingalpa QLD 4173
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold19 Jul 2024
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018921303
    Category
    Last updated  27 Apr 2024

    Listed by

    More about Tingalpa QLD 4173

    Tingalpa QLD 4173 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2018921303.

    More Hotel, Motel, Pub & Leisure properties for Sale in Tingalpa QLD 4173

    Sold
    tingalpa, QLD 4173
    Hotel, Motel, Pub & Leisure