Unmatched Freedom, High Returns, and Effortless Management - ID 9101
$1,225,000
Permanent management rights, Oxenford QLD
Gold Coast Management Rights for Sale
Experience Quality and Ease Like Never Before
- No Onsite Living Requirement: Embrace the ultimate work-life balance with no set office hours. Stay connected, thrive, and excel while enjoying the flexibility of offsite living.
- Skyrocket Your Earnings: Unlock a lucrative opportunity to rent the manager's unit, generating an additional income of over $33,000 per year! Your financial horizons just got wider.
- Stress-Free Management: Bid farewell to the hassle of maintaining pools, BBQ areas, spas, and other facilities. With minimal garden upkeep, you'll experience a workload that's lighter than air.
- Lucrative Profits Await: Elevate your financial success with a net operating profit of around $148,000. Enjoy the added bonus of a $103,491 (plus GST) body corporate salary.
- Ignite Growth Potential: Seize the opportunity to expand the letting pool currently 22 out of nearly 100 units, with only 14 outside agents. Unleash your potential to supercharge your rental roll.
- Property Sales Commission Awaits: If you have a knack for sales, capitalise on the vast potential to boost your income through property sale commissions.
- Secure Long-Term Advantage: Lock in your future with a 20-year long-term agreement, extending until 2043. Enjoy a solid foundation with a supportive committee.
- Comfortable Townhouse Living: Indulge in the comforts of a 3-level, 3-bedroom, 2-bathroom townhouse. Revel in the stunning mountain views from your spacious deck and expansive backyard.
- Embrace Green Energy: Slash your electricity bills with 5.8 KW solar panels, ensuring cost-effective and eco-friendly living.
- Your Exclusive Oasis: Experience the convenience of an exclusive-use office with a separate entrance. Enjoy quality living with minimal body corporate levies.
Your opportunity awaits! For only $1,225,000, embark on a journey towards financial prosperity and exceptional living. Don't miss out on this remarkable deal, including the stunning Manager's Unit.
Net Profit: $148,000
Asking Price: $1,225,000
(Inclusive of manager's real estate)
More Information
- Total Purchase Price: $1,225,000
- Net Income: $ 148,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 640,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.0
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?