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Well-priced for Sale, Large Remuneration, Solid Permanent MR in Capalaba - Brisbane Bayside

$656k/4.6 times on MR and $640k on MU

Capalaba, Queensland

Well-priced for Sale, Large Remuneration, Solid Permanent MR in Capalaba - Brisbane Bayside

This is an outstanding opportunity to buy management rights in Capalaba on the ever-popular Brisbane Bayside. Nestled in a prime quiet location, only walking distance to Capalaba Central Shopping Centre, easy access to Moreton Bay, public transport, close to schools, parks.

- Asking $656,000 on MR Business with a Net Profit of $144,916
- Manager Lot at $640,000 on the latest Valuation Feb/2025 by Bank Panel Industry Valuer
- Centrally located in the Leafy suburb of Capalaba, Brisbane Bayside
- Well- presented complex provides the perfect environment to relax in
- Very well-run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 20 years left on a 25 years accommodation module
- Great manager remuneration $111,766 with annual adjustment of CPI every July
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence
Large two-storey townhouse, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms and a large rear patio and entertaining backyard area
- Large on-title office, no office hour
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle

If you want to buy a solid management right business and great lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team, Exclusive Agency.

Features

Managers Unit

    Complex Information

    Business Links / Tools

    Last updated: 19th February 2025

    Summary

    Property Type
    Business
    Contract Type
    For Sale
    Location
     Capalaba
    State
     Queensland
    Price
    $656k/4.6 times on MR and $640k on MU
    Category
    • Management Rights

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    Agency

    Next Business and Property Sales

    Next Business and Property Sales

    Contact

    David Jiang