Permanent Sunshine Coast Management Rights
$2,498,000
Permanent Management Rights, MOOLOOLABA QLD
Are you ready to embark on a lucrative investment journey on the picturesque Sunshine Coast?
We present a rare and enticing opportunity to acquire the permanent management rights of a thriving and central Sunshine Coast complex.
The location offers a perfect blend of tranquility and urban convenience.
Prime Location: Positioned in the heart of the Sunshine Coast, this complex boasts an optimal location, providing residents with a tranquil yet conveniently situated lifestyle near essential amenities.
Managerial Residence: Your new abode awaits! The manager's unit presents a spacious 3-bedroom, 2-bathroom coastal home, offering a comfortable and inviting living space for you and your family.
Sunshine Coast Lifestyle: Immerse yourself in the vibrant culture of the Sunshine Coast! From pristine beaches to verdant hinterlands, the region offers an array of recreational activities, cultural events, and culinary experiences.
Enjoy a lucrative net profit and stable income derived from the Body Corporate salary.
Don't let this exceptional opportunity slip by; seize the chance to own the management rights of this thriving complex in the Sunshine Coast.
More Information
- Total Purchase Price: $2,498,000
- Net Income: $ 345,233
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 749,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.1
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?