NEXT Realty is proud to present an exclusive opportunity to acquire the management rights of a rare student accommodation permanent management rights business in Bribsane, indeed it is a unique opportunity for astute investors seeking stability, growth, and long-term returns.
Key Features
- Well-established student accommodation business in Brisbane, the Host City of the 2032 Summer Olympics
- Huge Net Income $1,035,624 in the P&L prepared by a professional Industry Accountant
- Fantastic Body Corporate salary of $280,176, with annual increase by CPI
- Well-run building, well-established business and experienced staff, all procedures documented
- Complex very popular with students
- Healthy Body Corporate relationship in place
- 22 years long term agreements on a BCCM Accommodation Module
- Spacious office on ground floor, be contactable during normal hours
- Manager Lot was valued by a Industry Specialist Valuer on bank panel
If you want to buy a well-established operation with strong financials management right business, it ticks all your boxes, please book your inspection immediately with Exclusive Agent – NEXT Realty
Inspection by appointment only