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Top School Catchments & Strong Returns close to Brisbane City
$2,490,000
Permanent management rights, Taringa QLD
An exceptional management rights opportunity located right across from Brisbane Boys College (BBC) and within the highly sought-after Indooroopilly State School and Indooroopilly State High School catchment zones. Premium education options such as St Peters Lutheran College, Queensland Academy (QA), and The University of Queensland (UQ) are all within a 5-minute drive.
Perfectly positioned for convenience, Taringa Train Station, Indooroopilly Shopping Centre, and Toowong Village are all just a few minutes away, while the Brisbane CBD is less than 15 minutes by car. From primary to university, top-tier education and lifestyle amenities are truly at your doorstep.
This high-income business offers an impressive salary component of nearly 70%, ensuring stable and secure returns. The 2 bedroom spacious managers residence provides comfortable onsite living. The business covers two Body Corporates located only 750 metres apart, all managed efficiently with just one managers unit required.
A rare, well-balanced opportunity combining convenience, lifestyle, and strong income potential, ideal for both experienced operators and newcomers seeking an established business in a blue-chip suburb. Contact exclusive agent Celine for further information or book your inspection.
More Information
- Total Purchase Price: $2,490,000
- Net Income: $ 296,219
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 950,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?