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Under ContractExclusive
Letting Pool: 49
Number of units the manager is authorised to manage.
Owner Occupiers: 0
Number of units resided in by their owners.
Lock Ups: 0
Number of units owners are not renting out, but also do not live in.
Outside Agents: 0
Number of units being rented by other agents (these could potentially be acquired by the manager).
Units In Complex: TBC
The total number of units within the complex.
Remuneration: $ 91,339
This is the body corporate caretaker salary. It is included in the Net Income above.
Agreement Term: 25 years
How long is the caretaking contract.
Agreement Remaining: 20 years
How long remains on the caretaking contract before it must be renewed?
Agreement Age: 0 years
How long has the management rights existed.
Office Hours: As per agreements
Required Office Hours
Complex Features:
Manager's Unit: 0
0
Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Manager's Car Spaces: 0
Office On Title: 0
Is there a manager's office included on the title?
Pets: No
Can the manager own a pet on site?
Unit Features:
Business Only Townhouses MR in Brisbane Southside
$1,180,000
Permanent management rights, Hillcrest QLD
-Two Simply Business Only MRs side by side, very new townhouses complexes
-Handy location, close to everything, river, ferry, shops, caf, park
-Net income $195,682, very clean P&L, verified by Industry Specialist Accountant
-Remuneration $91,339 with annual increase of CPI every December and January
-20 years left on the agreements
-No unit associated
-No office hours, contactable during normal hours
Ideal for a family or semi-retired couple looking for a solid income and great lifestyle!
More Information
- Total Purchase Price: $1,180,000
- Net Income: $ 195,682
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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?