PERMANENT COMPLEX 5 MINS FROM THE BEACH!
$1,020,000
Permanent management rights, Currimundi QLD
Are you looking for a business opportunity that you can run all by yourself, with the added bonus of living in a beautiful, modern townhouse?
This well-established permanent rental complex is perfect for anyone seeking a one-person operation. The manager's unit is a stunning townhouse located in a secure gated community that overlooks a protected naturescape and is just a few minutes' walk to the health precinct, shops, and beaches.
Located at the end of a quiet cul-de-sac and backing onto bushland that flows directly into Currimundi Lake, this complex provides a peaceful haven for residents. Enjoy the beautiful natural surroundings and access to the popular Creekside walking tracks just steps from your door.
This pet-friendly complex is made up of 53 villas and townhouses, all with intercom access, and features easily maintained landscaped gardens. The body corporate also pays for an external contractor to take care of the majority of the hedges, making maintenance a breeze. In addition, the manager has exclusive use over a large area at the rear of the complex, which is currently rented out as caravan storage.
This accommodation business is an ideal work-from-home property for a couple or can easily be run by one person. Don't miss out on this fantastic opportunity to own a profitable business and a beautiful townhouse in a desirable location on the Sunshine Coast."
Key Highlights:
- Close to popular beaches and iconic shops
- Nature belt right behind complex
- Standalone managers residence
- One person operation
- Easily maintained landscaped gardens
- Pet friendly complex
More Information
- Total Purchase Price: $1,020,000
- Net Income: $ 102,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 670,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.4
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?