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Letting Pool: 10
Number of units the manager is authorised to manage.
Owner Occupiers: 32
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: 4
Number of units being rented by other agents (these could potentially be acquired by the manager).
Units In Complex: 46
The total number of units within the complex.
Remuneration: $ 89,870
This is the body corporate caretaker salary. It is included in the Net Income above.
Agreement Term: 20 years
How long is the caretaking contract.
Agreement Remaining: 15 years
How long remains on the caretaking contract before it must be renewed?
Agreement Age: 27 years
How long has the management rights existed.
Office Hours: As per agreements
Required Office Hours
Complex Features: Swimming pool, BBQ, CCTV, Playground and lots of grassed areas for kids to play
Manager's Unit: 3
2
Included Real Estate: $ 550,000
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: 0
Is there a manager's office included on the title?
Pets: Yes
Can the manager own a pet on site?
Unit Features: Well presented 3 bedroom townhouse, 2.5 bathrooms, Garage and extra car space, Private courtyard
WELL PRESENTED PERMANENT COMPLEX - ID 7964
$920,000
Permanent management rights, Merrimac QLD
Permanent Management Rights For Sale
- 46 townhouses with 10 in the permanent letting pool
- Well maintained complex
- Sought after area
- 3 bedroom, 2.5 bathroom managers residence
- Office on title
- Accommodation Module agreement
- Pet permitted with Body Corporate approval
- Extra income available for those with handyman skills
Great central Gold Coast location, ideal for commuters and close to Robina Town Centre.
Net Profit: $94,076
Asking Price: $920,000
(Inclusive of managers real estate)
More Information
- Total Purchase Price: $920,000
- Net Income: $ 94,076
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 550,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 3.9
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?