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Exclusive
Letting Pool: TBC
Number of units the manager is authorised to manage.
Owner Occupiers: 35
Number of units resided in by their owners.
Lock Ups: 0
Number of units owners are not renting out, but also do not live in.
Outside Agents: 8
Number of units being rented by other agents (these could potentially be acquired by the manager).
Units In Complex: 44
The total number of units within the complex.
Remuneration: $ 108,700
This is the body corporate caretaker salary. It is included in the Net Income above.
Agreement Term: 25 years
How long is the caretaking contract.
Agreement Remaining: 20 years
How long remains on the caretaking contract before it must be renewed?
Agreement Age: 15 years
How long has the management rights existed.
Office Hours: None set
Required Office Hours
Complex Features: Resort Style Heated PoolWell equipped Gym BBQ AreaSecure Parking
Manager's Unit: 2
2
Included Real Estate: $ 885,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Manager's Car Spaces: 2
Office On Title: 1
Is there a manager's office included on the title?
Pets: Yes
Can the manager own a pet on site?
Unit Features: The managers residence embodies modern coastal living with its two well-appointed bedrooms,ensuring a comfortable and inviting space. Boasting modern design and equipped with airconditioning, the residence exudes a sense of sophistication. The private courtyard provides a serene outdoor retreat, perfect for relaxation. Spacious office adjacent to the managers unit on occupation authority.
Beachside Lifestyle caretaking Only
$1,250,000
Caretaking management rights, Alexandra Headland QLD
Karmasea Luxury Apartments is a very well-presented complex located in a prime coastal position close to shopping, restaurants outdoor facilities
and tourist destinations. This exceptional business opportunity is not to be missed, whether you're entering the management rights industry for the first time or seeking a well-established and easily managed business as an experienced operator.
More Information
- Total Purchase Price: $1,250,000
- Net Income: $ 105,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 885,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.5
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?