Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- Chermside
- State
- Queensland
- Price
- MR $818.8k/3.3 times Multiplier + Unit $565k
- Category
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3.3 Times Multiplier MR Business with Solid Income and Still Growing!
MR $818.8k/3.3 times Multiplier + Unit $565k
Chermside, Queensland
3.3 Times Multiplier MR Business with Solid Income and Still Growing!
Asking for $1,383,800 in totalNet Income $248,117 MR and 2 Beds Manager Residence
Net Income verified by Industry specialist accountant to March 2025
Manager Lot Valued by Industry specialist valuer in Jan 2024 at $565,000
- Retirement Permanent Management Rights
- Best value Management Rights in Brisbane NorthSide
- Great Location by dynamic suburb of Chermside
100m to Aquatic Centre
50m to Kedron Wavell Services Club
300m to Westfield Chermside (One of the biggest Shopping Centres in Brisbane)
98 school options in Chermside within a distance of 5 kilometres
- Two bedrooms and one bathroom manager unit with office on title
- Very supportive body corporate relationship
- Over 55's complex with a very small caretaking work load
- A lunch with hot meal is provided and help is available
- Your role here is mainly to oversee the complex
- Low maintenance gardens, no gate, no gym, no pool/spa, no BBQ to worry about
- Great remuneration $71,768 with annual CPI increase every October
- Income has been verified by specialist management rights accountants
- 18% great return on your investment
To be the lucky person to buy this management rights you will need to be QUICK!
Features
Managers Unit
Complex Information
Business Links / Tools
Last updated: 9th April 2025
Agency
Next Business and Property Sales
Contact
David Jiang
Next Business and Property Sales- 048150....
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