Management Rights, Townsville

Management Rights, Townsville — Property · Townsville

Management rights business for a 55-unit residential complex in Townsville. Agreement has 16 years remaining on a 25-year term No requirement for onsite living Small, easily managed letting pool Complex comprises a six-storey and a five-storey building, both with lift access Resident amenities include a pool, community room, gym and BBQ area Onsite managers share duties with a part-time staff…

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Management Rights, Townsville

Management Rights

ActivePropertyQueenslandB2B & B2C

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Asking price

N/A

Disclosed · AUD

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Brief

Management rights business for a 55-unit residential complex in Townsville.
Agreement has 16 years remaining on a 25-year term
No requirement for onsite living
Small, easily managed letting pool
Complex comprises a six-storey and a five-storey building, both with lift access
Resident amenities include a pool, community room, gym and BBQ area
Onsite managers share duties with a part-time staff member working around 12 hours a week
Current owners have run the business for the past nine years and are preparing to retire; incoming operators need at minimum residential letting agent accreditation or a full real estate licence.

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