Currumbin Waters Permanent
$1,200,000
Permanent Management Rights, CURRUMBIN WATERS QLD
Come and live in beautiful Currumbin. 7 Minutes to Palm Beach and Beach, 5 minutes to The pines shopping Centre, Currumbin RSL, great schools and 5 minutes to the M1 for easy access. Quite complex overlooking bushland.
Great BC Salary.
Could be run by one person.
The 3 bedroom Townhouse plus study is tastefully renovated and large with large bedrooms. Balconies overlook the bushland.
Long agreement and no office hours.
Good BC.
A must to inspect.
All the hard-work has been done with regards to tidying everything up. Virtually No lawns (a couple of patches here and there ). All rents are due to go up again by $100 per unit to bring it up to industry standards and the Salary has just gone up again by CPI. Its a must to inspect. Please Phone :
Kerrie Lush 93 or email
More Information
- Total Purchase Price: $1,200,000
- Net Income: $ 129,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 745,000
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?