Business Only and 24 Years Agreement in Benowa!!!
$688,000
Permanent management rights, Benowa QLD
Net Income $147,456
Totally Asking $688,000
Prime Location
-Perfectly located in Benowa, a highly sought after position - a quiet and leafy community. Everything is quite literally at your doorstep. Walking distance to Benowa's popular schools, Pindara Private Hospital, Benowa Gardens Shopping Centre, Gold Coast Botanical Gardens, playgrounds, Bowls Club, Restaurants & Cafes all less than 2kms away. Popular golf courses, Metricon Stadium, Gold Coast Turf Club are all less than a 5 minute drive.
-Within the popular Benowa High and Primary School catchment zones, and it is less than 10 minutes drive to the iconic Surfers Paradise beachfront.
-Good rental and very popular for renters.
Very Supportive BC
-Good Relationship with BC in place
Great Remuneration
-$91,577 with annual adjustment of CPI every December
Long 24 Years Long Agreement
No Set up Office Hours
-Just contactable during working hours
This would be a perfect opportunity to secure a solid income and great lifestyle business, it ticks all your boxes.
Please book your inspection immediately with our NEXT team.
More Information
- Total Purchase Price: $688,000
- Net Income: $ 147,456
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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?