Discover an exceptional investment opportunity in Scarborough with this management rights business, featuring an office on title. With a net profit exceeding $242,247 and a Body Corporate salary of $212,923 (from a mix of residential and commercial agreements), this business is easy to manage and offers an impressive 17.9% return on investment. There are no office hours or unit purchases required, though the office must be acquired for $100,000. It’s rare to find a complex in Brisbane with such a high return.
– Agreement Term: 17 years remaining on a 25-year agreement.
– Rentals: 14 units
– Body Corporate Salary: $212,923 from a mix of residential ($184,496) and commercial ($28,427) agreements
Located in the picturesque seaside suburb of Scarborough, north of Brisbane, this property is perfectly positioned along a beautiful coastline. Scarborough is renowned for its serene beaches, lively café culture, and strong community spirit, making it a desirable destination for both residents and investors alike.
This rare opportunity is listed by Robert Collins of Ras360 Property Solutions. Don’t miss the chance to secure high-return management rights in this prime location.
**Ras 360 Property Solutions – Management Rights | Motels | Hotels | Pubs | Parks**