About the Business

EXCLUSIVE TO CRE BROKERS. 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 20 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: $36,410

MANAGERS RESIDENCE: Not applicable
REAL ESTATE PRICE: Not applicable