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Business Only Management Rights Opportunity - Townsville - ID 9086
$421,400
Off The Plan management rights, Burdell QLD
Permanent Management Rights for Sale
Business Only Opportunity
Seize the chance to secure management rights for the brand-new Northshore Apartments in Burdell, Townsville. This Heran-built, 48-unit complex offers an exceptional growth opportunity with 43 units in the letting pool. This off-the-plan opportunity is designed for those seeking long-term success and financial security.
Key Investment Highlights:
Strong Income Stream: Enjoy a body corporate salary of $48,000, and the advantage of brand-new, full-term agreements secured before settlement. This ensures a stable and reliable income from day one.
Prime Location in Burdell: Northshore Apartments is perfectly situated in Burdell, feeding into Townsvilles expanding employment hub. With immediate access to the A1 and Woolcock Street, tenants have direct routes to major shopping centers, schools, public transport, and employment zones throughout the greater Townsville area.
No residence to purchase: This business only management right has no real estate to purchase, offering flexibility with low maintenance, no set hours and no requirement to live onsite
Why Invest in Northshore Apartments?
Growth Potential: As Townsville continues to grow, Burdell is emerging as a prime location, increasing demand for quality accommodation.
Secure Income: Benefit from new, full-term agreements that lock in stable returns.
Low Maintenance: As a brand-new development, enjoy modern facilities and reduced upkeep, which appeal to tenants while keeping operational costs low.
This is a standout opportunity for proactive managers or investors looking to capitalize on a high-growth region. Dont miss outcontact us today to explore this unique investment in Northshore Apartments, Townsville!
Net Profit: No projections available
Asking Price: $421,400
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: $421,400
- Net Income: $ 0
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This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 0.0
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours