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Exclusive
Letting Pool: TBC
Number of units the manager is authorised to manage.
Owner Occupiers: 124
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: 0
Number of units being rented by other agents (these could potentially be acquired by the manager).
Units In Complex: 124
The total number of units within the complex.
Remuneration: $ 148,801
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: Right on the water at Sutton Beach0
Manager's Unit: 3
2
Included Real Estate: $ 995,000
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: No
Can the manager own a pet on site?
Unit Features:
6 month old Redcliffe Complex on the beach Caretaking only
$1,725,000
Permanent Management Rights, REDCLIFFE QLD
Unfortunately the new manager has to sell his beloved new complex only 6 months old.
No rentals only caretaking. 10 hours per week. no expenses only a BC salary of $148,801 excluding GST
Beautiful 3 bed 2 bath 2 car office on title air con and fan large with two balconies.
You will not be disappointed. Unit is undervalued for quick sale. It is right on the beach.
Please contact Exclusive Agent Robert Collins on 78792 or
More Information
- Total Purchase Price: $1,725,000
- Net Income: $ 148,801
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 995,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.9
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?