Burleigh Heads permanent
$1,295,000
Permanent Management Rights, BURLEIGH HEADS QLD
Live in Beautiful Burleigh Close to the M1 and Burleigh Beach is a short drive away including all the restaurants at James Street. Stocklands is just over the hill. 23 Years left on the agreement and priced to sell with a 3.5 Multiple. Can be ran by one person if needed. Lovely spacious 3 bedroom 2 bathroom, 3 toilets Townhouse with lovely timber floors and spacious kitchen, Air-conditioned throughout. Front and back yards perfect for the pooch with doggy door. 18 in the letting pool (with 2 in Labrador) and all the rents are about to increase, no office hours and office on title.
Owners have been there for 6 years and they want to retire and travel in the caravan.
Call Kerrie Lush 93
More Information
- Total Purchase Price: $1,295,000
- Net Income: $ 140,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 800,000
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?