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Exclusive
Letting Pool: 69
Number of units the manager is authorised to manage.
Owner Occupiers: 87
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: 14
Number of units being rented by other agents (these could potentially be acquired by the manager).
Units In Complex: 170
The total number of units within the complex.
Remuneration: $ 251,281
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: 24 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: nil
Required Office Hours
Complex Features: 2.5 bath incl en suit tile and carpet. Ducted air con. Large home Formal lounge with family room. Large entertainment area outside with Payola. One and a half garage.This is a delightful stand alone home which will pass all inspections. City Views and park at the back door0
Manager's Unit: 3
2
Included Real Estate: $ 1,095,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Manager's Car Spaces: 2
Office On Title: 1
Is there a manager's office included on the title?
Pets: yes
Can the manager own a pet on site?
Unit Features:
Large City Fringe Bay Side Complex
$4,234,000
Permanent Management Rights, MURARRIE QLD
If you are looking for a great place to live in an outstanding home close to the city and Bay Side with a healthy business attached. Then this is the one for you. It is also close to all transport and amenities. Ideally located. Home $1,095,000, Business $3,139,000. Income $516,000. TOTAL $4,234.000 All are Accommodation Modules with 24 years time to run. Currently run by two people. Manager to pursue other interests after 5 years. Please contact Exclusive Agent Robert Collins on 78792 or
More Information
- Total Purchase Price: $4,234,000
- Net Income: $ 516,622
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 1,095,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 6.1
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?