Easy Business with High Income - ID 8189
$1,175,000
Permanent management rights, Everton Park QLD
Permanent Management Rights For Sale
Popular Brisbane Northside Only 4.5 Multiplier
- No set hours, minimal workload, no swimming pool to maintain
- Flexible business, keep doing what you are doing, earn stable extra income at your own pace
- High Body Corporate salary of $108,000 plus GST.
- All permanent rentals with letting pool of 14, outside agents 3.
- 25 year Accommodation Modue agreement with 21 years remaining.
- Modern Manager's townhouse with 2 bedrooms, 1 bathroom, single car accommodation and large backyard.
- Professional office attached on title.
- Pet friendly, peaceful and beautiful complex.
- Close to shops, bus stops, train station, parks, good schools, major shopping center and hospital. Very convenient location.
Searhing for an easy to run management rights business. This is an opportunity you cannot afford to miss in Brisbane's popular northside.
Net Profit: $128,000
Asking Price: $1,175,000
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: $1,175,000
- Net Income: $ 128,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 595,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.5
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?