PIMPAMA - Thrive in Management
$2,985,223
Permanent management rights, Pimpama QLD
Discover the Ultimate Management Rights Opportunity in Pimpama!
Are you ready to step into a thriving business in one of Queensland's fastest-growing regions? Look no further than this exceptional management rights opportunity nestled in the heart of Pimpama.
This modern townhouse complex, constructed in 2018, showcases contemporary design with the added luxury of an onsite manager's residence and a sparkling swimming pool that promises year-round enjoyment for its residents.
Business at a Glance:
Secure management rights to a sought-after townhouse complex
A growing portfolio in a suburb with increasing demand
Long-term agreement with a supportive body corporate
Attractive remuneration package with growth potential
Ideal work-life balance with the opportunity to live onsite
Complex Highlights:
A collection of stylish townhouses with high occupancy rates
Beautifully landscaped gardens and common areas
Resort-style swimming pool, a resident favourite during the warm Queensland summers
Dedicated onsite manager's office
Ample resident and guest parking
Location Perks:
Pimpama, a suburb known for its vibrant community and suburban charm
Rapidly expanding area with numerous development projects
Close proximity to schools, shopping centres, and recreational facilities
Easy access to the M1 motorway, linking you to Brisbane and the Gold Coast
Manager's Residence:
Spacious, air-conditioned living quarters
Modern kitchen featuring the latest appliances
Private patio perfect for relaxing after a days work
Secure garage parking
This is not just a business it's a lifestyle investment. Step into a role with immediate income, potential for growth, and the chance to become an integral part of a blossoming community
Your new life as the manager of a thriving townhouse complex in Pimpama awaits. Act now and be at the forefront of this community's exciting future! Don't miss out on this rare opportunity. Inquire today!
PLEASE CONTACT AGENT TO ARRANGE A VIEWING
More Information
- Total Purchase Price: $2,985,223
- Net Income: $ 417,897
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 645,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 5.6
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?