Caretaking Only and 25 Years Agreements in Southside Brisbane
$1,315,000 Caretaking Only
Permanent management rights, Mackenzie QLD
This is an outstanding opportunity to buy management rights in MacKenzie on the ever popular Brisbane Southside. Located close to major arterial roads, trains and bus transport providing easy access to Brisbane and the Gold Coast.
- Conveniently located in the Leafy suburb of MacKenzie, Brisbane Southside, Close to Buses, Schools, Day Care, Parks&shops... Garden City, Sunnybank Plaza etc. Easy Access to Freeways, CBD, Brisbane Airport&much more
- Well- presented complex provides the perfect environment to relax in
- No lettings, no tenant hassles, no gate give you an undisturbed lifestyle
- Body Corporate very fantastic and supportive to work with
- Topped up to 25 years in 2022 on a 25 years accommodation module
- Large manager remuneration $105,755 with annual adjustment of CPI or 4%, which is greater
- Modern and fantastic manager residence, Large standing alone two storey house, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms, two bathrooms, one separate toilet, double garage and a large rear patio and entertaining backyard area
- Well-presented on-title office, no office hour
- Mansfield State School catchment
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
This complex is easily managed by one person part time, this business ticks all your boxes, Simple Really!!!
Please book your inspection now with Exclusive Agency - NEXT team!
More Information
- Total Purchase Price: $1,315,000 Caretaking Only
- Net Income: $ 105,755
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 680,000
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?