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Modern Business Only apartment complex with 24 year agreements

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Marketplace / Mgmt Rights / QLD / Modern Business Only apartment complex with 24 year agreements

This outstanding Management Rights features a near new complex with NO requirement to buy real estate or reside onsite. Great add on for local operators or for first time operators.

The numbers.

$150,739
Net profit
Asking $829,062
0

Chermside.

Run the numbers yourself.

Same model our brokers use to appraise. Adjust net profit, multiplier, real-estate component. The result is indicative — independent appraisal available on request.

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Net profit (manager)
$478,000
Multiplier (×)
5.2×
Real estate (manager unit)
$0
Indicative total
$2,485,600
§ More from the bench

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