Skip to main content

Fortitude Valley, Inner City Brisbane

Permanent Management Rights, Managers Office, Managers Apartment

This is a management rights business that has no swimming pool, no spa, no gardens nor grass and one with small common areas easily managed by the current managers.

Demands upon the managers are so low in this instance, that this business can be classed as both an ‘easily-learnt’ and readily-managed’ management rights.

The business would suit first time entrants to the management rights market, or would work perfectly as an add-on business with a residence.

Here are some of the more pertinent details…

Multiplier: 3.95
Letting Pool: 13
Complex Total: 43
Agreement Term: 10
Remaining Term: Apartments: 5

Building: 7

Office Hours: None

The Real Estate:

Managers Unit: 2 Bedroom, 1 Bathroom

Real Estate Value: $380,000

Unit Features: Two queen sized bedrooms, a kitchen and spacious high-ceiling lounge – dining area with a secure basement car space.

Pricing:

Business Price: $250,000

Managers Apartment Price: $380,000

Total Price: $630,000

Broker:

Call Greg Jorgensen on 0407 721 335 to discuss other current and upcoming opportunities.

Category Icon
Permanent

Property Information

Complex TypeApartments
LocationBrisbane, QLD
Net $70,744
Price $630,000
Remuneration $53,529
Letting Pool 13
Enquire Now