Secure this Permanent MR Complex with Minimal Caretaking!!
$759,000
Permanent management rights, Carrara QLD
A quick sale envisaged so make an offer!!
This secure gated complex is situated in a highly sought after position in Carrara, allowing for easy and quick access to the M1.
A possible few minutes drive takes you to shops, the Carrara Sporting Precinct, Nerang Train Station, Royal Pines Golfing Precinct, Emerald Lakes Golfing Precinct, not forgetting a possible extra few minutes drive takes you to Pacific Fair, Robina Town Centre, Australia Fair and of course the beach.
The managers air conditioned three bedroom self-standing house offers spacious and secure living with a modern kitchen, lounge/dining area, separate laundry amenities, large secure, undercover and private courtyard. Other features include secure lock-up garage, ample storage and pets accepted.
Secure salary, no fixed hours and secure lifestyle. Well worth an inspection!!!
To arrange an inspection call: Gavin - 08854 or email:
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
More Information
- Total Purchase Price: $759,000
- Net Income: $ 47,700
()
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 650,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 2.3
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?