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CARETAKING ONLY - BROADBEACH BEACHSIDE
$1,150,000
Permanent Management Rights, BROADBEACH QLD
Boutique mid-rise in exclusive Broadbeach locale just metres to beach and all the other attractions and amenities the address is renowned for.
Perfection plus! Gold Coast Management Rights bliss! Ocean, park and skyline views from the beautifully appointed top (7th) floor 2 bedroom, 2 bathroom Manager's apartment with designer vibe.
Exclusive use of the expansive, private, upstairs roof top entertaining terrace with full kitchen, lounge, hot spa and panoramic vistas is the icing on the cake.
No burden of any office hours, rentals to manage or licence requirements.
Limited caretaking duties with lift, small pool, minimal lawn and "pocket handkerchief" grounds.
Pet friendly with approval for two dogs.
Ideal for the semi-retired or second or even third income.
Undoubtedly, one of a kind and absolutely the essence of a relaxed home and income Gold Coast beachside lifestyle.
More Information
- Total Purchase Price: $1,150,000
- Net Income: $ 43,910
()
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 970,000
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?