Exclusive

Rare Wynnum Business Only Management Rights - $101k+ net profit

ResortBrokers offers a rare opportunity to acquire 'Baytrees', a business-only management rights asset in Wynnum.

With a strong net profit of $101,375 and over 86% income derived from Body Corporate Salary, it promises a stable revenue stream.

The 21+ years agreement term ensures long-term security. The manageable portfolio of 11 letting appointments makes it an ideal single-person operation.

The vendor's retirement presents a unique opportunity for local operators or industry newcomers, so won't last long!

  • Business-only management rights opportunity in the coveted Wynnum/Manly area
  • Strong net profit of $101,375, a testament to the business's financial strength
  • Majority of income is derived from Body Corporate Salary, ensuring a stable revenue stream
  • Long-term security with 21= years remaining in a 25-year agreement
  • Annual Body Corporate Salary increase of 3.5%, enhancing the investment's growth potential
  • Caretaking-focused business with a manageable portfolio of 11 letting appointments
  • Single-person operation due to manageable duties, offering operational efficiency
  • Strategically located in a secure complex, enhancing the asset's appeal
Frank Matus

Interested? Why not give Frank Matus a call on 0435 742 698 or