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High-Income Inner-City Opportunity with No Managerâs Unit Required
Call 0404 331 310
Permanent management rights, West End QLD
This is a rare opportunity to acquire a permanent management rights business in West End, Brisbane without tying up extra capital in a managers residence.
For the right buyer, that means a cleaner entry, more flexibility, and a stronger capital-efficiency play from day one.
West End is one of inner Brisbanes most compelling management rights markets because it sits in a high-demand urban corridor with direct CityGlider access through South Brisbane and the CBD, plus ferry access on the F1 route toward UQ St Lucia. Brisbane City Council also says transport demand along the Montague Road corridor is increasing as the area grows, and ABS Census data shows 52.2% of West End residents hold a bachelor degree or higher, well above the Queensland figure of 21.9%. That combination supports the kind of tenant depth, lifestyle appeal and long-term demand that sophisticated buyers look for.
If you are looking for a well-located permanent management rights business with strong income, annual salary uplift and lower capital drag, this West End opportunity deserves immediate attention.
Dont miss out on this exceptional opportunitybook an inspection today to see the value for yourself!
Contact The SIRE Team now for more information or book for an inspection.
Images are indicative only and have been used to protect the sellers privacy and preserve the confidentiality of the business.
More Information
- Total Purchase Price: Call 0404 331 310
- Net Income: $ 231,754
(actual)
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: 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