RARE PERMANENT MR BUSINESS WITH LARGE SALARY IN CAIRNS NORTHERN BEACHES | Resort Brokers ID : MR007647
$1,150,000
Permanent Management Rights, Clifton Beach QLD
Looking for a lifestyle change and a profitable business opportunity?
Look no further than Clifton Waters Management Rights, a rare permanent letting opportunity on Cairns' northern beaches. With stunning ocean views from the 4 bedroom manager's residence and a beautiful tropical setting, this management rights business offers the perfect work-life balance.
Owners currently have a caretaker living on site to attend to body corporate duties during the evenings and on weekends as required. With 24+ years remaining on agreements, tenure and profitability are secured for a new operator. Don't delay with your enquiry.
- Profitable business with strong financials and long-term security
- Ample opportunity to increase profitability via regaining units from outside agents
- Spacious and luxurious 4 bedroom manager's residence with stunning ocean views
- Prime location just 200 meters from the beach and within walking distance to local shops, cafes, and restaurants
- 24+ years remaining on agreements
- No set office hours/No requirement to live on site
- 50m2 exclusive use area set aside for managers office
- Inspection by appointment only
Date updated: 28 Apr 2024 23:00:03
More Information
- Total Purchase Price: $1,150,000
- Net Income: $ 140,631
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 600,000
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?