Keen to sell and consider all reasonable offers
Express your Interest
Corporate management rights, Spring Hill QLD
Situated in the heart of Brisbane CBD, within easy walking distance of the city's premier shopping mall, a wide array of restaurants, and charming cafes.
Offering a substantial BC remuneration of nearly $200k to strengthen the business and tap into its significant potential for expanding the letting business.
Easy maintain amenities of pool, BBQ area, and gym, designed to appeal to both long-term tenants seeking a comfortable living experience and short-term guests in search of an enjoyable stay.
No set office hours and separate reception area and office, ensuring the manager's unit remains reserved for private use.
Explore opportunities to enhance the occupancy rate and maximize rental income by increasing the letting pool.
If you're eager to achieve a high income, this is an excellent opportunity for you. Contact our exclusive agent, Celine, for more information and to schedule an inspection.
More Information
- Total Purchase Price: Express your Interest
- Net Income: $ 593,385
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 700,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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?