Management Rights Business In The Heart Of Kelvin Grove
Kelvin Grove, Queensland 4059
Management Rights $179,000
Key Features
AI generated. Contact seller to confirm.
- Located in heart of Kelvin Grove near QUT
- 19 total units in the complex
- Seven units currently in the letting pool
- Very low gardening; common areas tiled and concreted
- Agreements have 19 years remaining
- Suitable add-on or work-from-home opportunity
- Turnover: Not disclosed
- Net Profit: $37,082
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: 19 years remaining on agreements
Business Details
Business Category Management Rights
Small and simple 'add-on' Management Rights business in the heart of Kelvin Grove, very close to Kelvin Grove Urban Village and QUT campus.
The property comprises 19 units, 7 of which are in the letting pool. There is virtually no gardening involved as the common areas are mostly tiled and concreted, hence simple to look after.
The current manager has held this business since the complex was built and there are 19 years remaining on the Agreements. You could add this on to your existing portfolio or, if you're a beginner, start with this one and work from home.
TOTAL NUMBER OF UNITS: 19
UNITS IN LETTING POOL: 7
NET PROFIT: $37,082
MANAGERS RESIDENCE: Not applicable
REAL ESTATE PRICE: Not applicable
The property comprises 19 units, 7 of which are in the letting pool. There is virtually no gardening involved as the common areas are mostly tiled and concreted, hence simple to look after.
The current manager has held this business since the complex was built and there are 19 years remaining on the Agreements. You could add this on to your existing portfolio or, if you're a beginner, start with this one and work from home.
TOTAL NUMBER OF UNITS: 19
UNITS IN LETTING POOL: 7
NET PROFIT: $37,082
MANAGERS RESIDENCE: Not applicable
REAL ESTATE PRICE: Not applicable
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Gold Coast/BrisbaneWhat's Nearby
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